The DQYDJ Weekender, 11/1/2014

Happy Day-After-Halloween, folks, and hello to all the new readers! We like to give a roundup of other sites who wrote interesting things during the last week to 10 days or so, and we call it a Weekender.  This is that feature. Please pass us along to your friends - the currency of the web is pageviews, and you know we're vain enough to try … [Read more...]

How Has Real Estate Performed Since the Recession?

In a word?  Not so hotly. Of course, prices have rebounded quite a bit since the Great Recession, but a few indicators clearly show that things still have quite a way to go - if we assume they are snapping back to where they were even in the early 2000s. Census Homeownership Data This data all comes from Tuesday's Census Bureau release of the … [Read more...]

Income Quantiles by Age: How the 1% Break Down

In our last examination of 2013 CPS data, we took a deeper dive into age groups... and the income those age groups receive when folks report having a Bachelor's degree and working at least 40 hours a week (our benchmark for a full-time job).  As expected, minor age differences (read: 5 years) make a huge difference in what it takes to break into … [Read more...]

Wage Income: A Key Middle Class Marker

Excuse us while we channel Thomas Piketty for a second: the truly affluent, the highest earners... they receive the highest proportion of total income outside their wages: generally from business and investment income. And, turning off the Piketty channel: at the lower ends of the total income spectrum, there is also an increase in non-wage … [Read more...]

S&P 500 2014 Performance: Inflation Adjusted and Dividend Reinvested

We've mentioned it before, one or two (hundred) times... the best way to evaluate investment performance in a vacuum isn't by using the 'price level' of an index.  Instead, it is best to check the relative purchasing power increase an investment has brought to the table - and you can only do that by adjusting for inflation and finding a way to … [Read more...]

The DQYDJ Weekender 10/18/2014

So, my promising Saturday was rudely interrupted by the galvanized downpipe to my sprinkler system springing a leak last Sunday.  I've had this amazing piece of engineering you can see above (read: hack) stopping the flow brilliantly for a week, but I'll be replacing it with PVC today. And, yes, while gracefully navigating the attic to … [Read more...]

5.9% Unemployment – But Where’s Your Raise?

After taking a couple months off in the 'promising figures' category, the unemployment rate seems to have broken back in the direction we all want to see it going: down.  5.9% is the headline figure, and that 5.9% number came with a very promising increase in the nonfarm payroll employment number... 248,000. But... What About the Raises? That's … [Read more...]

The Sudden Collapse of Inflation Expectations

One situation we've been monitoring closely (even before the recent market activity) and has only just started to become a bit dramatic: the rapidly declining inflation expectations among market participants.  One way to follow this measure is to follow the 'breakevens'; by subtracting real yields on inflation protected securities from treasuries, … [Read more...]

Work Harder, Earn More: 2013 Incomes by Hours Worked

"I am a great believer in luck, and I find the harder I work, the more I have of it." - Thomas Jefferson Back in 2011, we wrote a controversial article with a not-that-startling conclusion: breaking respondents to the 2010 CPS down by income brackets, we found that higher earners averaged many more hours of weekly work. Since we've recently … [Read more...]

The DQYDJ Weekender, 10/11/2014

Here's something funny: I upgraded my carry on luggage yesterday and today.  (Navali Boatswain for the laptop and an eBags "eTech 2.0 Weekender Convertible" in Olive for the carry on).  Here's another thing: I'm pretty excited about these things arriving. What would college me have to say about this?  Should present me review these things?  How … [Read more...]