Economy

“The richest 10% of households now represent 70% of all U.S. wealth”

“Deutsche Bank’s Torsten Sløk says that the distribution of household wealth in America has become even more disproportionate over the past decade, with the richest 10% of U.S. households representing 70% of all U.S. wealth in 2018, compared with 60%… Continue Reading…

Economy

Turning Point? “…Semiconductors are now showing better signs about the global economy”

“The semiconductor sector is turning the corner and showing signs that the global economy could be stronger than previously thought, CNBC’s Jim Cramer said Tuesday. The industry’s attempt to bounce back from its 2018 woes is being propped by Nvidia‘s… Continue Reading…