Stocks & the Economy: Still Connected So Far

Check out the accompanying pdf and chart collection. (1) The V-versus-K debate. (2) Fed’s survey of consumer wealth shows progress was made in the right direction between 2016 and 2019. (3) 82 million Americans own homes. (4) Home prices along with owners’ equity in homes at record high. (5) Education is the major divider between the Haves and Have Nots. (6) A record 37% of Americans have a college degree. (7) NY and Philly business surveys remained strong in October. (8) Still pumping gas. (9) September’s survey of small business owners showed rebounding demand for workers. (10) September retail sales boosted once again by de-urbanization. (11) Industrial production disappointed in September, but should remain on uptrend. (12) Movie review: “Godfather of Harlem” (+ + +).