High-income spenders are propping up the economy
A slim slice of consumers in the top quintile of incomes is doing the majority of spending in…
Ray Dalio says the US economy can no longer be looked at ‘as a whole’
On the surface, the going looks pretty good in the American economy. Wall Street is roaring, Silicon Valley…
The Rising Tide is Lifting Mainly Yachts
By Ajay Raju The US financial markets are booming, with major indices reaching record highs. The market gains,…
Property boom prompts surge in Australian millionaires to global high
A growing number of everyday Australians now boast a seven-figure net worth that was once the domain of…