It’s all about bringing back Equality of Opportunity. I may have mentioned this here before, but I’m currently reading and learning a lot from Nobel Prize winner in Economics Joseph Stiglitz’s book The Price of Inequality: How Today’s Divided Society Endangers Our Future. Highly recommended.
The U.S. economic recovery has been anemic by almost any standard. But for Americans with just a high school degree or less, it’s been worse than anemic. It’s been non-existent.
This week, Georgetown University’s Center on Education and the Workforce published a new report breaking down job growth during and after the Great Recession by education levels. And as it illustrates in the graph below, employment has been essentially flat since January 2010 for adults who never went to college. (The center’s analysis only extends through February, but according to similar data from the BLS, employment has barely budged for the demographic since)…[Rest of article]
I found this fascinating:
I’m going to be buying a little CVR Energy, Inc. (CVI), which is in the oil refining and marketing business.
I’m also picking up some Silicon Motion Technology Corp. (SIMO), some semiconductor company whose business I don’t quite understand, but is showing up on my screen for the first time.
While I’ve got your attention, all of you economics junkies should pick up a copy of Nobel Prize in Economics winner Joseph Stiglitz’s The Price of Inequality: How Today’s Divided Society Endangers Our Future. I am reading it now and learning a lot.
Good luck with your investments!
EDIT: At the last minute, I decided to also pick up some United Therapeutics Corporation (UTHR).
My own theory: Chick-fil-A CEO Mr. “Cathy” is overcompensating for having grown up with that unfortunate surname.