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Andrew Zatlin's Surprising Alternative To Raising The Minimum Wage
Thursday, June 18, 2015 - 1:41pm | 1164According to the Organization for Economic Co-operation and Development (OECD), a minimum wage worker in the U.S. would have to work 50 hours a week to get above the poverty line. In the Czech Republic, it’s even worse. A single worker with two children earning minimum wage would have to...
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Vice Index Points To Strong Consumer Spending
Thursday, June 18, 2015 - 1:27pm | 1886The Vice Index has been revised and is now chained to January 2009. The data itself goes back to 1993. Vice spending is where the desire to spend meets the ability to spend. As the heart of consumer spending, vices adhere nicely to more conventional economic benchmarks like retail sales. Retail...
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The Vital Impact Of Corporate Profits On Payroll Data
Tuesday, June 16, 2015 - 11:34am | 554This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. Back in 2009, corporate profits started to soar. Meanwhile payrolls were crashing, falling every month in 2009, an average of -471K per month. Corporate profits stayed...
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Semiconductor Slowdown A Bad Omen For Global Economy
Friday, June 5, 2015 - 1:00pm | 1510Semiconductors are in most things you use on a daily basis. They’re in your smartphone, your blender, your thermostat… even those silly greeting cards that play music when you open them. If they aren’t in the things you use, they were in the things that made the things you use...
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Americans Aren't Just Going To Walley World For Fun
Friday, May 29, 2015 - 4:04pm | 639Tripadvisor Inc (NASDAQ: TRIP) is out with a new survey that may make fans of "National Lampoon's Vacation" cringe. According to the survey, 77 percent of employed U.S. respondents said that they had worked on a vacation within the past year. Clearly, they're not just going...
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View From The Valley: Are We Approaching Peak Optimism?
Thursday, May 14, 2015 - 5:31pm | 1259This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. The San Francisco Bay Area is home to: ~10 percent of the S&P 500 6 of the top 20 companies by market capitalization 30 of the 65 Information Technology companies...
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Vice Index: How Hookers And Drugs Forecast Economic Moves
Monday, May 11, 2015 - 11:18am | 1206This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. I am a gambling man – aren’t all investors? When I get invited to speak, I like to make a wager with my hosts. I bet them $1 that the first question from the...
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Zatlin: When Will Apple Stop Screwing The U.S. Economy?
Friday, May 1, 2015 - 2:52pm | 2376This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. Ty Cobb was a famous baseball player. Infamous, really. He set 90 Major League baseball records, some of which continue today. He was skillful but also mean; he had a...
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Vice Spending Is Slowing, Except For Pot Sales
Friday, April 24, 2015 - 10:47am | 1838This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. Vice spending is one of the most seldom used, but surprisingly accurate leading gauges of consumer strength and the economy. Everyone knows that when consumers have more money...
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Zatlin: Why Am I Still In The Stock Market?
Wednesday, April 22, 2015 - 6:53pm | 1452This article was originally published on Moneyball Economics, home of the world's most unique economic commentary. I'm putting my money where my mouth is. My 401K is entirely in equity market funds and stocks, and will stay there as long as I see the right signals from the economy and...
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How Gambling And Prostitution Can Predict Economic Activity
Wednesday, April 1, 2015 - 2:39pm | 1054Moneyball Economics founder and CEO, Andrew Zatlin, understands the subject of vice in a way few others do. In part two of Benzinga’s conversation with Zatlin, the economist discussed luxury spending and the role of vices like gambling and prostitution in predicting economic activity....
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Exclusive: Moneyball Economist On Smoking Pot 'Keurig Green Mountain' Style
Friday, March 27, 2015 - 2:26pm | 1025"I had a chance to sit down with Tommy Chong of 'Cheech & Chong.'" With these words, Andrew Zatlin, founder and CEO of "Moneyball Economics" was off and running. In a wide-ranging interview, Zatlin spoke with Benzinga about everything from marijuana consumption...