Transcript Profit
Connect. Transact. Profit. I Got 99 Problems But a b#@*h ain’t one Outlook: A Perfect Storm • • • • • • • • Financial Crisis Consumer Driven Economy Uneven Distribution of Wealth Rapid Industrial Growth in China European Worries Unrest and Polarization in the US The Fed Can’t Fix The Future in Uncertain Connect. Transact. Profit. Financial Crisis Avg Recovery: 10 Years Market Cycles Are Long Japan May Be Instructive Bleak Outlook on Employment Connect. Transact. Profit. Consumer Driven Economy Drivers of Growth are Dead US: A Nation Of Consumers Source: Bureau of Economic Analysis A Close Look at Cash / Debt Household Income Plateaus Companies Continue to Hold Cash Parallels: Consumer Confidence & Gold Connect. Transact. Profit. Knowledge & Finance = Success Uneven Wealth Distribution Top 1% Are Benefiting Top 1% In U.S. Vs Other Countries Income Inequality in the U.S. The American Dream Put on Hold 1% Owns 42%; 5% Owns 70% 5% Holds 60% Net Worth Top 1% Holds Only 5% of Debt Taxes Remain Low at the Top Aggregate Tax Rate Dips for Top 1% Top 20% Connect. Transact. Profit. Rapid Industrial Growth in China Massive Loss of Industrial Jobs An Emerging Middle Class The New Middle Class 583 million The forecasted size of India's middle class in 2025. Un-even Growth Distribution The New Normal Commodity Prices Soar U.S. Wages as % of Economy: All Time Low Connect. Transact. Profit. Europe Euro Worries Add Uncertainty Debt as a % of GDP Connect. Transact. Profit. U.S. Unrest & Polarization Leaderless Politics Add Uncertainty Connect. Transact. Profit. The Fed Can’t Fix, Only Contain Connect. Transact. Profit. The Future Uncertain