Daily Reading on the Financial Markets: 4/20/12
Azizonomics traces the growing wealth gap in the U.S. back to the early 1970’s and a closed and self-perpetuating loop of business – government feedback.
Charles Hugh Smith, Of Two Minds, notes the pennant pattern that has developed in both the S&P and the U.S. Dollar.
Is the “great recession” over? Food Stamp usage wouldn’t suggest it is. 20% of the U.S. population currently uses them, over 10 million more users now than when the recession “ended.”