For the vast amount of Americans, things are going from bad to worse. My Ten Most Bearish Factors and an ever-increasing list of new ones, are all combining to economic, social and political troubles this country has never had to endure until now.
- A new Intuit Credit Karma/Harris Poll study found that 78% of Americans don’t feel financially secure, even if they’ve been saving and playing by the rules. Moreover, nearly 3 in 4 Americans (72%) shared that their current financial standing makes them feel like they will never have enough money to achieve the American dream.
- Golden Years Postponed
- Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings
- Transamerica Institute warns of a retirement crisis gripping Americans
- America’s crumbling infrastructure crisis, trillions needed to fix bridges, roads, and power grids built last century
- the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’ that will reshape the country
- Almost all the rise in US polarization over political issues since the late 1980s occurred from 2008 onwards, a new study suggests. Most of this has been driven by the American left becoming more socially liberal over time.
A POTUS buying hundreds of millions of dollars in stocks while openly promoting them and a Speaker of the House telling us Congress needs to trade stocks (mostly on inside information) to supplement their incomes, is leading many Americans to finally say:
