As US President Barack Obama is engaging in another free trade agreement in Asia – agreements accused of lowering wages for Americans and creating negative trade imbalances – the US middle class is, for the first time, losing its distinction as the wealthiest. Lower salary increases in US A New York Times analysis highlights the fact that lower- and middle-income categories have received noticeably lower salary increases over the last three decades when compared to their Canadian and European counterparts. Median income in Canada tied the US in 2010 and has most likely surpassed it since, the report stated, with…
American Middle And Lower Class Now Lagging Canada, Europe
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.