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Yes, America, Your Middle Class is Getting Hit

One of the more profitable PowerTrends that subscribers to PowerTrend Profits have benefitted from, and continue to benefit from, is The Rise and Fall of the Middle Class. The Rise of the Middle Class refers to the rising disposable incomes in several markets around the world, particularly the emerging markets. As those incomes rise, many are trading up in lifestyle, which drives additional demand for goods and services. You’re seeing that now every time you walk into your local grocery store, given the spike in beef, pork, coffee and other prices.

The flipside of that PowerTrend is the Fall of the Middle Class, and that, sadly, is happening here at home in the United States. Am I happy about it? Certainly not, but the data is what the data is, and that means we as investors need to re-calibrate where we are investing.

According to the latest from Gallup, the payroll to population as of March registered at 42.7%. That alone should get you to second-guess the unemployment rate, but what it doesn’t tell you is that your dollars are not going as far. In the fourth quarter of last year, median weekly earnings of the nation’s 104.8 million full-time wage and salary workers were $786. Here’s the good news — according to the U.S. Bureau of Labor Statistics, that figure rose 1.5% compared to the fourth quarter of 2012.

Now here’s the bad news — the Consumer Price Index (CPI) rose 1.7% during the same time frame. That means you may be making more money, but your spending power has declined — you are buying less with more money.

Read more about how the Rise and Fall of the Middle Class will impact your spending at Eagle Daily Investor.

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The Rise of the Middle Class refers to the rising disposable incomes in several markets around the world, particularly the emerging markets.

archive

Yes, America, Your Middle Class is Getting Hit

The Rise of the Middle Class refers to the rising disposable incomes in several markets around the world, particularly the emerging markets.

One of the more profitable PowerTrends that subscribers to PowerTrend Profits have benefitted from, and continue to benefit from, is The Rise and Fall of the Middle Class. The Rise of the Middle Class refers to the rising disposable incomes in several markets around the world, particularly the emerging markets. As those incomes rise, many are trading up in lifestyle, which drives additional demand for goods and services. You??re seeing that now every time you walk into your local grocery store, given the spike in beef, pork, coffee and other prices.

The flipside of that PowerTrend is the Fall of the Middle Class, and that, sadly, is happening here at home in the United States. Am I happy about it? Certainly not, but the data is what the data is, and that means we as investors need to re-calibrate where we are investing.

According to the latest from Gallup, the payroll to population as of March registered at 42.7%. That alone should get you to second-guess the unemployment rate, but what it doesn??t tell you is that your dollars are not going as far. In the fourth quarter of last year, median weekly earnings of the nation’s 104.8 million full-time wage and salary workers were $786. Here??s the good news — according to the U.S. Bureau of Labor Statistics, that figure rose 1.5% compared to the fourth quarter of 2012.

Now here??s the bad news — the Consumer Price Index (CPI) rose 1.7% during the same time frame. That means you may be making more money, but your spending power has declined — you are buying less with more money.

Read more about how the Rise and Fall of the Middle Class will impact your spending at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Chris Versace is a financial columnist and equity analyst with more than 18 years of experience in the investment industry. He has been ranked an All Star Analyst by Zacks Investment Research and his efforts in analyzing industries, companies and equity securities have been recognized by both Institutional Investor and Thomson Reuters?? StarMine Monitor. He??s frequently published in The Washington Times and is a frequent contributor to the daily radio show ??America??s Morning News? and ??America??s Radio News?. He has been quoted in the Wall Street Journal, Investor??s Business Daily, The Street, USA Today and other publications. In addition, he can be frequently seen on television??s ??Fox Business? show.

TRENDING NOW:

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DONKTUM: Restricting the Range of Consciousness.

CULTURE

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

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