OK, cheap shot.
According to Gallup, Obama now has a 49% approval rating … down a couple of points from his election draw.
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What about Twinkie’s approval rating?
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Archive for November 30th, 2012
Whose approval is higher – Obama’s or Twinkie’s?
November 30, 2012By one metric, household net worth is running at historical levels …
November 30, 2012Interesting analysis by the CBO …
Punch line: When you delate the numbers, i.e. take out inflation effects – household net worth is roughly 5 times disposable income … that’s down from the dot-com and housing booms & busts, but roughly at historical levels.
In other words, the market bubbles were more like sugar-rush outliers … than “new normals”.
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What did Black Friday teach us this year ?
November 30, 2012Punch line: A record number of shoppers spent Black Friday weekend shopping for deals, revealing new consumer trends present this holiday shopping season.
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Excerpted from Adage.com’s, “Four Things Holiday-Shopping Kickoff Tell Us About the Economy, Consumer Habits”
A record 247 million shoppers visited stores and websites over Black Friday weekend, up from 226 million last year. The average shopper spent $423 this weekend, up from $398 last year, helping total spending reach an estimated $59.1 billion.
Here arefour things we’ve learned from the holiday-shopping kickoff:
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Which is bigger: mortgage debt or student loan debt?
November 30, 2012There’s an increasing amount of chatter re: student loan debt being the next financial bubble to burst.
In fact, according to the WSJ, student loan balances are approaching $1 trillion and have blown by auto loans and credit card balances.
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How do student loans rack up relative to home mortgages?
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