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Wildly asymmetric and unsustainable.
BREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just
Author Archives: Danielle Park
The great unraveling brings pain and remorse
If we had a loonie for every person who believed, “You can never lose money in real estate.” Unfortunately, many well-meaning older folks ignorantly aided and abetted younger folks into a massive housing bubble. Many are doing the same thing … Continue reading
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Bull market in financial scams
Cyber fraud is a constant and growing threat to consumers and service providers. Safety protocols and checks are steadily evolving and increasing. It’s wild out here. David Rosenberg, Founder & President, Rosenberg Research, joins BNN Bloomberg to talk financial scams. … Continue reading
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Paid to look the other way
Timeless perspective is offered in this segment…the more things stay the same. In this episode of The Real Eisman Playbook, Pulitzer Prize-winning journalist Gretchen Morgenson discusses her career in investigative journalism, focusing on the dark side of Wall Street, the … Continue reading
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