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The Daily Data Dive: Two Charts On Why Americans Are Angry About the Economy

Last week we got the “good news” that wages are rising. It has been a recurring story over the past several months. The headlines said that hourly wages rose by 0.3% in July on a seasonally adjusted basis. Annualized that works out to just under 3.7% on a compound basis. However, as usual, a bit…

The post Two Charts that Show Why So Many Americans Are So Angry About the Economy was originally published at The Wall Street Examiner. Follow the money!

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

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