The rising popularity of hygge in the age of uncertainty _ marketonchart
This weekend, I finally found a 45 minute block of time in the car to catch up on a few week old Tom Ashbrook On Point podcast: “ Forget Your Troubles, Come On, Get Hygge“. Exchange rate ksh to usd I’m glad that I did, as this is a fabulous and offbeat episode that expanded my horizon, both culturally and imaginatively. Gender roles in society today It was a nice reprieve from thinking about our highly divided political atmosphere, financial markets, and the economic uncertainty of our times. Exchange rate usd eur Within the segment, Tom interviews New York Times columnist Penelope Green as she discusses excerpts from her December 24, 2016, article on “Hygge”. Convert cad to usd I must admit, I am not nearly as well read or culturally aware as some of Seeking Alpha’s writers, so the Danish word (pronounced Hoo-gah) and phenomenon was new to me. Gender inequality research paper Per Penelope’s in-depth reporting (see below), I am once again reminded I am nowhere near the cutting edge of recognizing cultural movements.
Another of Tom’s guests was Meik Wiking (translated to Mike Viking in English), who is the founder of the Happiness Institute, a Copenhagen think tank exploring societal happiness across countries.
Pound dollar exchange rate today Meik recently published The Little Book of Hygge. How does the oil futures market work The precise definition of Hygge, or its adjective form Hygglig (pronounced Hoo-gah-lee), is hard to pin down. Pound usd forecast It can be loosely translated into a small cozy gathering with friends, surrounded by an atmosphere of candles, a fireplace, some hot beverages and comfortable food, questing for presence in the moment, protected from the harsh elements, and not distracted by electronics or technology. Eur usd candlestick chart Activities can include board games, thoughtful conversations, or time spent with family and friends. Usd to malawi kwacha Given that Denmark consistently occupies the coveted top spot on the world’s happiness surveys, perhaps there is something to this concept of Hygge.
Although, I acknowledge, Denmark’s population is only 5.2 million compared to 318 million for the U.S., its population is much less diverse than the U.S., and it has a social democratic economic model (with high marginal tax rates, but lots of public benefit and social services) compared to the U.S.’s hard-nosed capitalistic system, this is an interesting concept. Words to binary I don’t know enough about Denmark and haven’t visited, so I am going to refrain from making any sweeping opinions or declarative statements.
With the rise of Donald Trump as our 45th president, I started to put stock into the considerable amount of wood Mr. Commodity meaning in tamil Trump need to chop to Make America Great Again. Cattle futures market prices If Mr. Usd aud forecast Trump wants to help the downtrodden and forgotten, like he repeatedly trumpeted on his campaign trail, then his work has a number of key metrics to be measured against.
As of 2015, 43.1 million people (or 13.5%) of the U.S. Ashley furniture store credit card population is living in poverty. Nzd usd exchange rate In some states, like New Mexico, Kentucky, and Mississippi, the rate exceeds 19%.
Next, we have the student debt problem. Aud to usd forecast 2016 As WSJ research coverage on this topic has pointed out, we have way too much student debt, and too many Americans have neither the ability nor the willingness to pay for it. Trusted binary reviews This is a major headwind, as these folks may be putting off marriage, buying a home, having children, and trying to save, due to limited job prospects and high debt service costs as a percentage of their disposable income. Eur usd converter Many are also confronted with the challenge of – depending on their major, where they live, and level of collegial achievement – high rents and limited job prospects. Stock futures market This is a major issue that awaits Mr. Futures market meaning Trump’s administration.
Another issue is the wealth inequality in the U.S. Euro vs usd chart There are only so many mansions, luxury cars, and vacations – and their commensurate multiplier effect – that the wealthy can buy. Exchange rate vnd usd Therefore, most of their capital gets redeployed and recycled back into some form of reinvestment in securities, real estate, NFL teams, wine, gold, or other vehicles that store wealth. Cocoa futures market news It isn’t rocket science to understand that at the margin, the lower and middle income folks spend nearly 100% of their resources simply to navigate through life.
Fortune author Erik Sherman wrote an interesting piece chronicling the world’s total personal wealth using data from Allianz’s 2015 Global Wealth Report. Binary questions In the aggregate, world personal wealth was estimated at $153.2 trillion, with the U.S. The millionaire real estate investor pdf ranking highest both on absolute percentage and wealth inequality.
Another troubling statistic that came out in 2016 was the gap in life expectancy between the top 1% of Americans compared to the poorest 1% of Americans. Funny jokes In April 2016, author Michael Specter published an article in the New Yorker covering this topic. Exchange rate us to nz It is safe to say most people would find a 14.6-year gap way too high a figure.
It will surprise nobody to learn that life expectancy increases with income. Euro egyptian pound exchange rate Coming, however, in the midst of a Presidential campaign in which the corrosive effects of income inequality have been a principal debate topic, the data and its implications for public policy are particularly striking: the richest one per cent of American men live 14.6 years longer on average than the poorest one per cent. Hedging in the financial futures market For women, the average difference is a just over ten years.
Well, some readers might suggest that given the anemic demand post the 2008-09 recession and lack of emergence of a breakthrough new industry or technology with the potential to create millions of good paying jobs, perhaps we could just run big deficits to stoke demand.
We already did that and it didn’t work so well, and we still have a nasty hangover and $20 trillion in U.S. European stock market futures live government debt tab. Gender differences psychology This doesn’t include off-balance sheet stuff like Social Security and Medicare shortfalls, which are forecasted way out in the 2030s.
For perspective, U.S. Xauusd investing government debt stood at $5.6 trillion before George W. Usd to kes Bush entered office in January 2001. Usd yen When he left office, the debt was $10.7 trillion. Usd to rmb conversion As Barack Obama leaves office, U.S. Cool pictures of animals government debt is projected to be close to $20.1 trillion. Exchange rate pound sterling to us dollar So in the George W. Aud usd forecast 2016 Bush era we added $5.1 trillion, and during the Barack Obama era we added $9.4 trillion. Famous quotes about success These are massive debt increases in 16 short years.
Before you accuse me of skewing the statistics or cherry picking so I can spin the narrative the way I want, if we look at debt as a percentage of GDP, the relationship has also gone parabolic, especially in the Obama era.
Moving along, let’s switch gears to the technology Fab Five and job creation. Gold usd price And no, I am not referring to the University of Michigan’s 1991 Fab Five college basketball team, I am referring to Tech’s Fab Five.
As of January 27, 2017, the U.S. Currency exchange aed to usd technology Fab Five by market capitalization are Apple (NASDAQ: AAPL), Google ( GOOGL, GOOG), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Facebook (NASDAQ: FB). Exchange rate euro to usd Collectively, the market capitalization of these companies has recently topped $2.5 trillion.
President Trump has his work cut out for him, as the “Tech Fab Five” currently command market capitalizations of $2.5 trillion, and yet, they only employ 535K people. Rmb to usd conversion Also, Apple and Amazon are very guarded as regards how they report their employee numbers, so Apple’s figure is probably inflated by its 430 global retail stores and Amazon by its seasonal workforce during the holiday seasons.
For perspective, the size of the U.S. Gender binary labor force is 159.6 million people, and despite the $2.5 trillion collective market capitalization of the Fab Five, these companies employee a measly 0.33% of the population.
Also, I like referring to the U6 index, as the unemployment rate is artificially low because people in the labor force are no longer counted if they give up their job search. Convert ils to usd The U6 unemployment figure is 9.2%, well off its high watermark of 17.1% (given the inherent lag of the 2008-09 housing crash), but still way too high considering the extraordinary measures enacted by the U.S. Rbi forex rates government in the form of fiscal and monetary policy.
Maybe the record S&P 500 (NYSEARCA: SPY) is simply a function of record stock buybacks and dividends. Usd inr exchange rate today Yardeni Research has published some great slides on this topic. Code c online Per Yardeni, as of Q3 2016, on an annualized basis, S&P 500 dividends and buybacks totaled $547 billion. Marketing future As of December 31, 2016, the S&P 500 had a total market capitalization of approximately $20 trillion. Us stock market futures quotes So, a $547 billion buyback and dividend figure is meaningful.
Perhaps the record stock market is simply a function of the animal spirits in anticipation of President Trump’s pro-growth economic plans? However, when I look at the underlying data and wrap my arms around the challenges, I am tempted to simply bury my head in the sand. Usd to aud calculator That said, despite the persistent challenges, there have been so many well-credentialed experts who have been trying to call the top on this market since 2014. Usd to gbp conversion rate The wall of worry continues to mount, and the market continues to grind higher. Rmb to usd exchange rate Outside of a trade war with China, the threat of rising interests is my biggest concern, because this make stocks less attractive on a relative basis and creates big bond losses, not to mention higher borrowing costs.
President Trump has his work cut out of him. Market value of futures contract As for trying to call the top this bull market, I realized a few years ago, albeit later than I should have, that this is a fool’s errand. Stock market in the future I have enough trouble trying to find undervalued, high-potential turnaround securities. Gender pregnancy symptoms Some days, I just want to have a hygglig weekend.
I wrote this article myself, and it expresses my own opinions. Binary keyboard I am not receiving compensation for it (other than from Seeking Alpha). Adding binary I have no business relationship with any company whose stock is mentioned in this article.