Income Inequality Archives - Page 4 of 6

daniel September 21, 2015May 8, 2016 2015, Class Warfare, Dollar General (NYSE: DG) reported that its revenue was growing at a rate of 7.87%, high end retailers like Nordstrom (NYSE: JWN) are prospering, Income Inequality, Macy's Closing, Macy's Plans to Close 40 Stores, Middle Class Dying, Mr. Money Mustache, Nordstrom reported a revenue growth rate of 9.11% on July 31, Retail Apocalypse, Retailers are dumping the Middle Class, The Middle Class is Dying, Wage Stagnation, Wages show why Retailers are dumping the Middle Class

Retail Growth Rate Raises Serious Questions about “Economic Recovery”

These major retailers are either standing still or worse experiencing shrinking retail. At a few of them such as Sears and Aeropostale revenue is actually in free fall. These numbers show us two very frightening things folks, first the retail apocalypse is heating up and getting worse and second consumer spending is dismal.

Long Ideas The Death Spiral

daniel September 6, 2015January 31, 2016 Bernie Sanders, debt peonage, he percentage of Americans identified as “upper income” was lower in 2013 than it was in 2000, Income Inequality, Income Inequality is a threat to Economic Growth, Income Inequality is Real, nearly 10% of Americans can no longer quality for a credit card, Nearly half of all US Households admitted they could not cover an unexpected expense of $400 or more without selling something or borrowing money, Payday Lending, percentage of Americans with no credit cards, Predatory Lending, student loans, The percentage of Americans identified as lower income was higher in 2013 than in 2000, unbanked households

Some Numbers prove that Income Inequality is real and more destructive than you think

The percentage of Americans with no credit cards in 2014 was 29%, up from 22% in 2008 and 20% in 2006, according to a Gallup Survey cited at creditcards.com. If these numbers are correct nearly 10% of Americans can no longer quality for a credit card or feel they cannot pay off the balance.

Long Ideas

daniel August 28, 2015February 4, 2016 Big Lots, Big Lots Revenue, Dollar General Revenue, Dollar General’s (NYSE: DG) revenues now exceed Kmart’s sales, Dollar General’s revenues already exceed those of JC Penney Company (NYSE: JCP), Dollar Store Economy, Dollar Tree Revenue, Economic Stagnation, Five Below, Five Below Revenue, How Many Stores does Dollar General operate?, How the Dollar Store Economy Helps Bernie and the Donald, Income Inequality

Economy Gets Worse Dollar Stores Boom

Dollar Tree is even scarier; it sells everything for $1. That’s right. Some Americans can only afford to spend $1 on things like cleaning supplies these days.

Long Ideas

daniel August 2, 2015March 17, 2016 A 50% drop in auto accidents could lead to a 50% drop in premiums., Auto Insurance Is Still a Value Investment, Berkshire Hathaway, Charley Munger, Costco, Disruptive Technology, Elon Musk, GOOG, GOOGL, Google, Income Inequality, Mr. Market, Mr. Money Mustache, Tesla, That shows us that major dips in insurance company revenue could be right around the corner as well as decreases in premiums., There will be fewer cars, TSLA, Warren Buffett, WMT

Self-Driving Cars Are Almost Here: Is the Insurance Industry Ready?

Even Warren Buffett, whose Berkshire Hathaway (NYSE: BRK.B) owns the iconic GEICO, has taken notice of the potential havoc this disruptive technology could wreak on insurers.

Politics

daniel July 26, 2015March 6, 2016 Benedict Option, Disruptive Technology, Income Inequality, Kroger, Mr. Market, Mr. Money Mustache, Rod Dreher, What are the Benedict Options?, What Benedict Options are there?, Why are Christians considering the Benedict Option

A Few Benedict Options

So what are the Benedict Options, and how could they work? To answer that question, I took a look at various religious countercultures in history and in modern America that could serve as a template for the Option. This could show us what such a counterculture might look like and how it might impact our society.

The Death Spiral

daniel July 22, 2015February 11, 2016 Apparel sales fall, COST, Costco, DG, DLTR, Does JCP Penny have a future, Income Inequality, Is JCP Penney Doomed., JCP, JWN, M, Really cheap stocks, Why is JC Penney Closing?, WMT

Falling Apparel Sales Show Income Inequality Hurting Retailers

It looks as if basic retail and our economy could be in serious trouble. The present economic policies in the United States are not looking good and need to be changed now before we see large-scale collapse in many sectors.

Long Ideas

daniel June 4, 2015March 6, 2016 COST, Costco, DG, DLTR, Dollar General, Dollar General Expands, Dollar Tree Stores, Income Inequality, New Dollar General Opening, Retail Apocalypse, Target, TGT, Wal-Mart, WMT

Dollar General: a Surprising Retail Success Story

If that wasn’t enough, the amount of Dollar General’s revenue growth actually exceeded that of Target. The numbers indicate that Target’s TTM revenue increased by $1.46 billion between April 2014 and April 2015, rising from $71.23 billion in 2014 to $72.69 billion in 2015.

Politics

daniel May 29, 2015March 17, 2016 Barry Goldwater, Bernie Sanders, Democratic Primary, Elizabeth Warren, Goldwater, Hillary Clinton, Income Inequality, Retail Apocalypse, Sanders, Sanders 2016, Sanders for President, Socialism, Socialist for President

How Bernie Sanders Could Change American Politics

The most intriguing part of Sanders’ campaign then could be to introduce America to the Ronald Reagan of the left. I imagine that person is out there right now, and historians of the future will credit Sanders as bringing him or her onto the national stage.

Long Ideas

daniel May 20, 2015January 28, 2016 AAPL, ABX, Amazon, American Express, Apple Pay, Apple Stock, BAC, Benjamin Graham, Costco, GOOG, Google, Income Inequality, LC, lending club, Mr. Money Mustache, P2P, Peer to Peer Bubble, Peer to Peer Lending, Prosper, Warren Buffett, WMT

Is Lending Club Really Bubble Proof?

To be fair, there are some signs Lending Club is starting to make money. According to its financials, Lending Club had $64.6 million in cash and short-term investments when it went public. Yet on March 31, 2015, Lending Club had $874.13 million in cash and short-term investments. That shows us that it is capable of generating a lot of cash in a very short period of time, but can it keep that up?

Politics

daniel May 11, 2015March 28, 2016 Annaly, Bernie Sanders, Elizabeth Warren, Federal Reserve, Income Inequality, NLY, QE2, Quantitative Easing, Rand Paul, Ron Paul, Thomas Piketty

Is the Federal Reserve to Blame for Income Inequality?

There is some merit to Denahan’s arguments; quantitative easing does drive income inequality in two ways