HereIsThe "WealthEffect": Wealthiest 400 AmericansAccountedFor 16% OfAll Capital Gains http://feedly.com/k/1gTP8uX Hidden deep inside the IRS’ most recent annual report focusing on just the Top 400 Individual Tax returns, titled "The 400 Individual IncomeTaxReturnsReportingtheLargestAdjustedGrossIncomesEachYear, 1992-2009" we find the definitive confirmation of just where the Fed’s Wealth Effect has gone. As seen in the highlighted cell on the table below, justthetop 400 individual taxreturnsaccountfor a whopping 16% … Seguir leyendo Here Is The “Wealth Effect”: Wealthiest 400 Americans Accounted For 16% Of All Capital Gains

GreeceTumblesIntoTheDeflationaryAbyss, WhileItsPrimarySurplusSoundsThe "Grexit" Alarm http://feedly.com/k/J7JYQU While the second-derivative hopers and primary budget surplus believers cling to the faith that Stournaras talking about recovery is enough to bring the depressing Greek nation out of its slumber, the fact is that Greekdeflation has neverbeenworse. However, it gets worse… as a recentstudyby CFR finds that countries are most at risk of defaulting the year they turn a positive … Seguir leyendo Greece Tumbles Into The Deflationary Abyss, While Its Primary Surplus Sounds The “Grexit” Alarm

InTheThirdQuarter, TheRichGotRicherBy $1.9 Trillion http://feedly.com/k/1aOTBtu The quarterlyFlowofFundsreportby the Fed has been released and the latest household net worth numbers are out. While not nearly quite as dramatic as last quarter’s wholesale dataset revision, which saw all of America suddenly worth $3 trillion more primarily due to a change of how "pension entitlements" (formerly "pension reserves") are calculated (more more in the full breakdownfromSeptember), with the … Seguir leyendo In The Third Quarter, The Rich Got Richer By $1.9 Trillion

World’sbiggestinvestorBlackRocksaysUS rally nearingexhaustion http://feedly.com/k/1fe1qhq World’s largest investor has advised clients to be ready to pull out of global stock markets at any sign of serious trouble shared via http://feedly.com Seguir leyendo World’s biggest investor BlackRock says US rally nearing exhaustion