The Big Economic News The Media Keeps Missing
Published Friday, October 6, 2017 at: 7:00 AM EDT
Seventy-one-year-old Federal Reserve Board Chair Janet Yellen, a professor of economics at Harvard and Berkeley for four decades before her appointment to lead the Fed in 2014, admitted at a press conference recently that the persistently low rate of inflation was a mystery.
So, it should not be a shock that the financial press is missing the story of the year: Real wages soared yet again in September.
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
2021
-
The Bad And Good Financial News This Week
-
Stocks Set New High Closing Price Amid Turbulence
-
Stocks Gained +16% in 2020; Wall Street Expects +7.6% In 2021
2020
-
Holiday-Shortened Week Ends With Stocks Little Changed, Despite D.C. Drama
-
The Financial Economic Situation Now
-
Bull Market Has Broadened
-
Why Did Stocks Close At A Record-High After Disappointing Jobs Report?
-
Americans Sit On A Mountain Of Cash Amid Pandemic
-
For High-Income Earners And Families, Failing To Plan Is A High-Stakes Gamble
-
Stocks Break Record, But Smart Money Is Focused On Taxes
-
Wall Street Reacts To D.C With A 7% Weekly Gain
-
On Election Eve, Here's The Economic Outlook
-
Sizing Up Economic Prospects
-
Two Good Economic Surprises
-
October Surprise May Be The Economy