Facing a Cash-Crunch?
Real wages are plummeting … traditional income investments aren’t bridging the gap … how Louis Navellier is helping investors make up for their cash-flow shortfalls This morning, we learned that U.S. Gross Domestic Product fell 0.9% in the second quarter. Given that the first quarter’s GDP came in as a decline of 1.6%, this means we’re in a recession by the common definition. However, many analysts and politicians are arguing otherwise. We’ll dive into this back-and-forth in greater detail tomorrow. Today’s Digest has a different focus. ***Is your budget feeling the pinch? If so, you’re not the only one. According to a recent survey from Salary Finance, roughly 20% of employees are now regularly running out of money between paychecks. This percentage is up from 15% last year. Even for the Americans without this degree of budget strain, sky-high prices are beginning to alter their shopping behavior. From the New York Times : …People around the country are changing their consumption habits.
Facing a Cash-Crunch?
Real wages are plummeting … traditional income investments aren’t bridging the gap … how Louis Navellier is helping investors make up for their cash-flow shortfalls This morning, we learned that U.S. Gross Domestic Product fell 0.9% in the second quarter. Given that the first quarter’s GDP came in as a decline of 1.6%, this means we’re in a recession by the common definition. However, many analysts and politicians are arguing otherwise. We’ll dive into this back-and-forth in greater detail tomorrow. Today’s Digest has a different focus. ***Is your budget feeling the pinch? If so, you’re not the only one. According to a recent survey from Salary Finance, roughly 20% of employees are now regularly running out of money between paychecks. This percentage is up from 15% last year. Even for the Americans without this degree of budget strain, sky-high prices are beginning to alter their shopping behavior. From the New York Times : …People around the country are changing their consumption habits.