Friday , 20 October 2017


6 Charts to Better Understand the Resolution of the Fiscal Cliff

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With the meida channels flooded with commentary over the resolution of the fiscal cliff – I thought just a few simple charts [6] could make things just a bit easier to understand.

So writes Lance Roberts (www.streettalklive.com) in his introduction to the charts below posted on his site* under the title Cliff Deal Charts – Just Charts.

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The 6 charts are as follows:

*http://www.streettalklive.com/daily-x-change/1425-cliff-deal-charts-just-charts.html

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Related Articles:

1. The Fiscal Cliff Drama Is Over! Here Are the Winners & Losers

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At the 13th hour, the House passed the compromise bill that appears to have helped the U.S. avoid imminent economic disaster – from their own inability to reach a compromise before the January 1st deadline. For now, the markets appear to be cheering the reduction of some uncertainty but it’s not the all-inclusive deal that many had hoped for. Below are some of the apparent winners and losers included in the deal. Words: 765

2. The Fiscal Cliff Will Prove to Be a Dud – and More Optimistic Forecasts for 2013

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‘Tis the annual forecasting season. Every economist with a model is publishing detailed forecasts for the U.S. and world economies for 2013. I have no model, and my degrees are in history and law but the signs now are clearer than they have been in some time: 2013-2015 should see beneficial growth of the American economy and that will translate into good results for some companies and good returns for some stocks. [Let me explain my conclusions.] Words: 902 ; Charts: 1

3. 2% of U.S. Households Earn $450,000; 50% Only Earn $43,000 – Exactly Where Does Your Income Put YOU?

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Visit wsj.com – HERE – to find their calculator which shows where your household income stands compared to others in the U.S.. $506,000 puts you in the top 1%; the much talked about $250,00 in the top 6%; $200,000 in the top 10% while an annual salary of $43,000 puts you in the top/bottom 50%. Where do you stand?