New research indicates that happier people actually earn more money. This comes as a result of a study of 10,000 Americans that showed that those who experienced more positive daily emotions and felt more satisfied with their lives while growing up, earned more income by age 29.
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Last night’s Cramer Vs Stewart was either the end of Cramer’s career or Stewart’s finest hour. (video and transcripts via Calacanis)
Stagflation, a portmanteau of the words stagnation and inflation, is a macroeconomics term used to describe a period with out-of-control price inflation combined with slow-to-no output growth, rising unemployment, and eventually a recession.