Thursday, March 31, 2016

Why is Trump Triumphing In His Demographics Sweet Spot? Look at the Data

Two Federal Reserve Bank of St. Louis Economists, Michael McCracken and Joseph McGillicuddy, provide this graph.  It shows the change in employment since the recession trough in June, 2009:



Bottom line: There are even fewer jobs for those without a college degree now than at the bottom of the recession.  Guess who is bearing the brunt of the weakest economic recovery in a century? 

With income inequality on everyone's mind these days, might a key cause be the administration's economic policies that are eviscerating the working class combined with the cultural elites' war on the family?  Or is that heresy?

Friday, March 18, 2016

Marvin Ellison CEO of JCPenny

How JCPenney CEO Ellison Plans to Turn Company Around March 15 -- JCPenney CEO Marvin Ellison discusses the company's turnaround plans. He speaks on "Bloomberg Markets." February 29, 2016, 3:53 P.M. ET JC Penney Scores Upgrade; Has ‘Pathway to $1B’ in Cash Flow http://blogs.barrons.com/incomeinvesting/2016/02/29/jc-penney-scores-upgrade-has-pathway-to-1b-in-cash-flow/