A report from Pew Research this week finds that middle-income Americans have seen their median net worth remain roughly flat over the past quarter-century, while upper-income families’ net worth grew 87 percent.
Today's jobs report marked the 40th consecutive month where unemployment resulted in 8% or greater. Peter Boockvar, Miller Tabak; Dan Greenhaus, BTIG; and Jack Caffrey, JPMorgan, share perspective on jobs and the European crisis. "Printing money right now politically is the only way out for the Europeans," says Boockvar.
With bond yields at record lows, many investors are searching for higher returns from stocks that pay dividends.