Since 2008, we have seen an epic fund flow out of domestic equity mutual funds (-$537 billion) into bond funds (+1.09 trillion). This trend has been consistent and unrelenting.
U.S. Jobs: It’s All About The Service Sector
The U.S. Service Sector is not only the economy's most diverse sector, it is huge – employing 90% of the workforce. Service workers are the highest paid and best educated, and they are the lowest paid and least educated. The sector encompasses neurosurgeons, college professors, delivery-truck drivers and dishwashers.
The United States Census Bureau published an interesting study entitled “1940-2010: How Has America Changed?” Looking at the American workforce, we see that it has more than tripled in the last 70 years with a major industry shift from jobs in manufacturing and agriculture (41.9%) to service jobs. This mega trend is unlikely to reverse any time soon.
Andrew Wang quoted at MoneyQ&A.com
How To Get Off The Sidelines And Start Investing Again – It’s Not Too Late
Hank Coleman
The stock market has had an amazing run lately, but too much money is still on the sidelines waiting. According to a recent survey conducted by Kiplinger’s magazine, almost half of all Americans do not even know that we have had a fantastic run in the Dow Jones Industrial Average and the S&P 500 index for the past 15 months.