In the U.S., between 1978 and 2015, the income share of the bottom 50% fell to 12% from 20%. Total real income for that group fell 1% during that time period. Even in developed France, however, the bottom 50% saw their income grow, by 39%. Source: MarketWatch
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
Yearly subscription: 10 issues for 225€
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
The anti-immigrant Sweden Democrats have overtaken the center-right Moderates and are the second most popular party in the Nordic country, polls showed this week. The party got 19.2 percent support in a poll published on Thursday by Novus for Swedish Television. Source: Reuters
“In a society where ageing is growing, savings — including capital invested abroad –- will fall as pensioners use that to finance their consumption in Germany,” it said. “This will probably reduce the current account surplus and could even turn it into a deficit.” Source: Reuters
Mexico is the most attractive emerging market for investors, based on a range of metrics analyzed by Bloomberg including growth, yields and equity valuations. India is the worst. “Both Mexico’s currency and bonds have been sold too much,” Source: Bloomberg