tag:blogger.com,1999:blog-6616959642391988608.post5503796059600013520..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Solid gains in household net worthScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-6616959642391988608.post-38635118273030548412014-06-06T09:47:00.247-07:002014-06-06T09:47:00.247-07:00Regarding Piketty:
"but can household net wo...Regarding Piketty:<br /><br />"but can household net worth increase by four percent annually in the long run, while the economy grows are two-three percent annually?"<br /><br />That does seem to be the central question. I'm not an economist, but maybe not being smart enough to fabricate complex theoretical arguments helps see the obvious more clearly. It seems obvious that r >randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15655402343546757582014-06-06T07:48:54.583-07:002014-06-06T07:48:54.583-07:00WMcK: I think the ECB is over-reacting to the supp...WMcK: I think the ECB is over-reacting to the supposed threat of deflation. Very low inflation is not the problem they think it is. Lowering interest rates by a fraction is unlikely to have significant consequences. QE efforts, may help, though, as they appear to have helped in the US, but mainly by meeting the demand for safe assets.<br /><br />In any event, we'll have to watch Euro stocks Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83440223813770110982014-06-06T07:22:44.754-07:002014-06-06T07:22:44.754-07:00Benjamin: if the economy never does better than 2-...Benjamin: if the economy never does better than 2-3% growth per year, then I would expect to see the trend growth rate of net worth decline somewhat from its long-term average. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-22042170937518763682014-06-06T07:20:10.637-07:002014-06-06T07:20:10.637-07:00Bill: I use DeltaGraph for my graphics, and it run...Bill: I use DeltaGraph for my graphics, and it runs on either Mac or Windows. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12305906559685277652014-06-06T05:33:27.303-07:002014-06-06T05:33:27.303-07:00I hate to sound like Piketty...but can household n...I hate to sound like Piketty...but can household net worth increase by four percent annually in the long run, while the economy grows are two-three percent annually? <br /><br /><br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75784423370311422702014-06-06T04:33:23.816-07:002014-06-06T04:33:23.816-07:00Scott, you told me previously the name of your cha...Scott, you told me previously the name of your charting software, and I have misplaced your response. Would you please tell me again the Mac software you use for charting.<br /><br />Thanks,<br />BillBillhttps://www.blogger.com/profile/06522048487859597301noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73817818221704396082014-06-05T22:36:56.647-07:002014-06-05T22:36:56.647-07:00Would enjoy hearing Scott's views of what the ...Would enjoy hearing Scott's views of what the ECB move to negative interest rates implies for the future of Europe -- is deflation an issue in Europe, but not the US -- might the Fed consider negative interest rates as well?McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43625871094618726232014-06-05T22:20:44.283-07:002014-06-05T22:20:44.283-07:00A little stock market correction of 10-15% or and ...A little stock market correction of 10-15% or and increase in interest rates will take a bit of the bloom off the rose of financial assets.<br /><br />Really, higher asset prices are not doing that much as people are still saving by putting new money into stocks and bonds. And into savings accounts.<br /><br />And if consumer don't use their home equity as an ATM machine you really don't Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28559761200051515472014-06-05T16:57:05.465-07:002014-06-05T16:57:05.465-07:00Yep. Matches what I see in our financial situation...Yep. Matches what I see in our financial situation. Debt much reduced over 2006, but the asset and income side up. Interest rates on the debt side lower, too.<br /><br />Interesting to see a chart showing growth of REAL per capita net worth over time.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20514322596038607632014-06-05T16:55:06.763-07:002014-06-05T16:55:06.763-07:00This comment has been removed by the author.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64627103305225687362014-06-05T14:01:04.130-07:002014-06-05T14:01:04.130-07:00The Conference Board Economic Index® (LEI) for the...<b>The Conference Board Economic Index® (LEI) for the U.S. increased 0.4 percent in April to 101.4 (2004 = 100), following a 1.0 percent increase in March, and a 0.5 percent increase in February.</b><br /><br />“The LEI rose for the third consecutive month, driven largely by improving housing and financial market conditions. This latest report suggests the economy will continue to expand, and mayWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57545245135884490252014-06-05T14:00:00.529-07:002014-06-05T14:00:00.529-07:00This comment has been removed by the author.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.com