/* Article Data (Server Side) article (o): [object Object] Content (s): Article Not Found. relatedData (o:Array(16)): 0 (o): [object Object] Headline (s): Icahn is Not the Ackman of Allergan Teaser (s): Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider. Source (s): Bloomberg DocumentDate (s): 19 minutes ago DocumentDate_raw (n): 1464716250000 Link (s): http://www.bloomberg.com/gadfly/articles/2016-05-31/carl-icahn-allergan-stake-not-like-bill-ackman-s-valeant-bet DocumentKey (s): HTTPwww.bloomberg.com/gadfly/articles/2016-05-31/carl-icahn-allergan-stake-not-like-bill-ackman-s-valeant-bet DMSourceID (s): Google ContentType (s): Article 1 (o): [object Object] Headline (s): Verizon workers earn “big gains” after historic 45-day strike; Sanders ... Teaser (s): Verizon workers earn "big gains" after historic 45-day strike; Sanders applauds People demonstrate outside a Verizon store during a strike in New York, April 18, 2016. Source (s): Salon DocumentDate (s): 30 minutes ago DocumentDate_raw (n): 1464715575000 Link (s): http://www.salon.com/2016/05/31/verizon_workers_earn_big_gains_after_historic_45_day_strike_sanders_applauds_them/ DocumentKey (s): HTTPwww.salon.com/2016/05/31/verizon_workers_earn_big_gains_after_historic_45_day_strike_sanders_applauds_them/ DMSourceID (s): Google ContentType (s): Article 2 (o): [object Object] WSODIssue (s): |38144|79256|139309|182923|42556045|268234 DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): Spending Is Up, But Faith (In The Economy) Is Down Link (s): http://folionation.squarespace.com/news/2016/5/31/spending-is-up-but-faith-in-the-economy-is-down.html Thumbnail (s): DocumentDate_raw (n): 1464713640000 DocumentDate (s): May 31, 2016 DocumentDate_smart (s): 12:54 PM DocumentKey (s): 1107-290734296785735702208-4FRD7PV5QFPK77JTNRHQL90OMJ ContentType (s): Article TrackingPixel (s): Teaser (s):

While consumer spending reaches multi-year highs, Americans' concern over the economy remains negative.

The Commerce Department numbers are in: Americans' personal spending grew by 1% month over month in April—its fastest rate since August 2009. Consumer spending in March was revised downward to less than 0.1%. That seems great, right? After all, consumer spending contributes significantly to the U.S. economy and has been instrumental in the nation's post-2008 recovery. And consumers are likely to spend more money when they feel positively about the state of their finances and the economy. 

But last month's impressive 1% growth wasn't purely the result of increased consumer confidence. An uptick in new jobs definitely contributed to the better-than-expected number, but higher gas prices (gas is included in personal spending along with items such as cars and clothing) were also a factor. 

Furthermore, the Commerce Department pointed out a worrying trend in its report: Americans used some savings to pay for their purchases in April, dragging down the savings rate from a four-year-high of 5.9% in March to 5.4%. 

Despite the marked improvement in consumer spending last month, at the moment, the majority of Americans view the economy negatively. According to Gallup's latest Economic Confidence Index, which polled 3,549 U.S. adults between May 9 and May 15, approximately six in 10 Americans believe the economy is worsening. 

The Economic Confidence Index currently stands at -14, which indicates that negative sentiment outweights positive sentiment. Back in early April, the index dropped to -14, a reading last recorded in fall 2014. Gallup notes that the index rose sharply in late 2014/early 2015 thanks to plunging gas prices.  

Gas and jobs play a huge role in shaping consumers' outlook towards the economy. Summer typically means higher demand for gas—and, consequently, higher prices—and the May jobs report (which comes out Friday) is expected to be lackluster in terms of growth. This combination could further dampen Americans' outlook on the economy.

Then again, the 1% increase in consumer spending exceeded the 0.7% forecasted by economists polled by the Wall Street Journal. Which goes to say, consumers can surprise. 

With that in mind, below is a list of U.S.-based consumer goods stocks. Each stock reported postitive quarter-over-quarter sales growth of 10% or greater and is potentially undervalued with a price-to-sales (P/S) ratio of 1 or lower. In addition, each stock has notched a positive performance over the last 12 months.

Will these stocks continue their sales growth as consumer spending rises?

Click on the interactive chart to view data over time. 

1. Acme United Corp. (ACU, Earnings, Analysts, Financials): Supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the U.S., Canada, Europe, and Asia. Market cap at $60.37M, most recent closing price at $18.47.

P/S at 0.54.

Quarter-over-quarter sales growth at 11.00%.

Performance over the past year at 4.89%.

 

2. Coca-Cola Botting Co. Consolidated (COKE, Earnings, Analysts, Financials): Engages in the production, marketing, and distribution of nonalcoholic beverages, primarily products of The Coca-Cola Company, as well as its own brands. Market cap at $1.16B, most recent closing price at $126.96.

P/S at 0.46.

Quarter-over-quarter sales growth at 38.00%.

Performance over the past year at 12.44%.

 

3. Golden Enterprises Inc. (GLDC, Earnings, Analysts, Financials): Produces, markets, and distributes snack products in the U.S. through its subsidiary Golden Flake Snack Foods, Inc. Market cap at $62.10M, most recent closing price at $5.51.

P/S at 0.46.

Quarter-over-quarter sales growth at 11.70%.

Performance over the past year at 39.81%.

 

4. Lifevantage Corporation (LFVN, Earnings, Analysts, Financials): Identifies, researches, develops, and distributes nutraceutical dietary supplements and skin care products. Market cap at $180.96M, most recent closing price at $13.52.

P/S at 0.96.

Quarter-over-quarter sales growth at 24.30%.

Performance over the past year at 189.14%.

 

5. Post Holdings Inc. (POST, Earnings, Analysts, Financials): Manufactures, markets, and sells branded and private label ready-to-eat cereal products primarily in the U.S. and abroad. Market cap at $4.94B, most recent closing price at $76.70.

P/S at 0.98.

Quarter-over-quarter sales growth at 20.70%.

Performance over the past year at 77.30%.

 

6. Thor Industries Inc. (THO, Earnings, Analysts, Financials): Manufactures and sells a range of recreation vehicles and small and mid-size buses, as well as related parts and accessories in the U.S. and Canada. Market cap at $3.42B, most recent closing price at $64.94.

P/S at 0.8.

Quarter-over-quarter sales growth at 14.40%.

Performance over the past year at 8.53%.

 

(Monthly return data sourced from MOD. All other data sourced from FINVIZ.)

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ABOUT US

© Kapitall, Inc. All rights reserved. Kapitall Wire is a division of Kapitall, Inc. Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

Kapitall Wire offers free cutting edge investing ideas, intended for educational information purposes only. It should not be construed as an offer to buy or sell securities, or any other product or service provided by Kapitall Inc., and its affiliate companies.

Open a free account today get access to virtual cash portfolios, cutting-edge tools, stock market insights, and a live brokerage platform through our affiliated company, Kapitall Generation, LLC. 

Securities products and services are offered by Kapitall Generation, LLC - a FINRA/SIPC member.

3 (o): [object Object] Headline (s): India's Mediocre Growth Teaser (s): India announced Tuesday that its economy expanded at 7.9% in the three months to April, making it the world's fastest-growing major economy. Source (s): Wall Street Journal DocumentDate (s): 1 hour ago DocumentDate_raw (n): 1464713550000 Link (s): http://www.wsj.com/articles/indias-mediocre-growth-1464713572 DocumentKey (s): HTTPwww.wsj.com/articles/indias-mediocre-growth-1464713572 DMSourceID (s): Google ContentType (s): Article 4 (o): [object Object] Headline (s): Great Plains Energy to Acquire Westar Energy in Deal Worth $12.2 Billion Teaser (s): Kansas City–based Great Plains Energy has agreed to purchase Westar Energy—Kansas' largest electric utility—in a combined cash and stock transaction with an enterprise value of about $12.2 billion. Source (s): POWER magazine DocumentDate (s): 1 hour ago DocumentDate_raw (n): 1464713550000 Link (s): http://www.powermag.com/great-plains-energy-to-acquire-westar-energy-in-deal-worth-12-2-billion/ DocumentKey (s): HTTPwww.powermag.com/great-plains-energy-to-acquire-westar-energy-in-deal-worth-12-2-billion/ DMSourceID (s): Google ContentType (s): Article 5 (o): [object Object] Headline (s): ArcelorMittal (MT) Stock Advancing on Cliffs Natural Deal Teaser (s): ArcelorMittal (MT) stock is up after the company came to an agreement with Cliffs Natural Resource (CLF) to be supplied with iron ore pellets through 2016. Source (s): TheStreet.com DocumentDate (s): 2 hours ago DocumentDate_raw (n): 1464707475000 Link (s): https://www.thestreet.com/story/13590324/1/arcelormittal-mt-stock-advancing-on-cliffs-natural-deal.html DocumentKey (s): HTTPSwww.thestreet.com/story/13590324/1/arcelormittal-mt-stock-advancing-on-cliffs-natural-deal.html DMSourceID (s): Google ContentType (s): Article 6 (o): [object Object] Headline (s): US Consumer Confidence Declined in May, Clouding Outlook Teaser (s): WASHINGTON—Gauges of U.S. consumer confidence are sending mixed signals, fostering uncertainty about whether the recent pickup in consumer spending will be sustained into the summer months. Source (s): Wall Street Journal DocumentDate (s): 3 hours ago DocumentDate_raw (n): 1464703754000 Link (s): http://www.wsj.com/articles/u-s-consumer-confidence-declines-in-may-1464703731 DocumentKey (s): HTTPwww.wsj.com/articles/u-s-consumer-confidence-declines-in-may-1464703731 DMSourceID (s): Google ContentType (s): Article 7 (o): [object Object] Headline (s): US Home Price Growth Remained Robust in March, Case-Shiller Says Teaser (s): Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season. Source (s): Wall Street Journal DocumentDate (s): 4 hours ago DocumentDate_raw (n): 1464699885000 Link (s): http://www.wsj.com/articles/u-s-home-price-growth-remained-robust-in-march-case-shiller-says-1464699847 DocumentKey (s): HTTPwww.wsj.com/articles/u-s-home-price-growth-remained-robust-in-march-case-shiller-says-1464699847 DMSourceID (s): Google ContentType (s): Article 8 (o): [object Object] Headline (s): US consumer spending increase strongest in over six years Teaser (s): WASHINGTON U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to raise ... Source (s): Reuters DocumentDate (s): 5 hours ago DocumentDate_raw (n): 1464698376000 Link (s): http://www.reuters.com/article/us-usa-economy-idUSKCN0YM1HC DocumentKey (s): HTTPwww.reuters.com/article/us-usa-economy-idUSKCN0YM1HC DMSourceID (s): Google ContentType (s): Article 9 (o): [object Object] Headline (s): UPDATE 3-Scotiabank misses estimates as energy loans turn sour Teaser (s): ... * EPS below forecast when gain from sale stripped out. * Credit loss provision rises 40 percent to C$752 million. * Provision is higher than analysts had anticipated. Source (s): Reuters DocumentDate (s): 7 hours ago DocumentDate_raw (n): 1464690973000 Link (s): http://www.reuters.com/article/bank-nova-results-idUSL8N18S2HS DocumentKey (s): HTTPwww.reuters.com/article/bank-nova-results-idUSL8N18S2HS DMSourceID (s): Google ContentType (s): Article 10 (o): [object Object] Headline (s): Oil up as US summer draws beckon; set for fourth month of gains Teaser (s): NEW YORK Oil prices rose on Tuesday, heading for the fourth straight monthly gain, with investors betting on higher U.S. fuel demand as peak driving season arrived in the No. Source (s): Reuters DocumentDate (s): 16 hours ago DocumentDate_raw (n): 1464657834000 Link (s): http://in.reuters.com/article/us-global-oil-idINKCN0YM01O DocumentKey (s): HTTPin.reuters.com/article/us-global-oil-idINKCN0YM01O DMSourceID (s): Google ContentType (s): Article 11 (o): [object Object] WSODIssue (s): |36276|61925|151846|45127098|10808544 DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): Buffett Banks On Apple Link (s): http://folionation.squarespace.com/news/2016/5/16/buffett-banks-on-apple.html Thumbnail (s): DocumentDate_raw (n): 1463433660000 DocumentDate (s): May 16, 2016 DocumentDate_smart (s): May 16, 2016 DocumentKey (s): 1107-290734296785735688691-7J4TRT6L7LS0UBSQJ62F13LQIN ContentType (s): Article TrackingPixel (s): Teaser (s):

Whatever Buffett wants, Buffett tends to get. And at the moment, he wants a tech company in Cupertino. 

Warren Buffett's circle of competence just got a bit sweeter. On Monday, the billionaire's Berkshire Hathaway (BRK/A) firm submitted its quarterly 13-F filing to the SEC, and it revealed that Apple (AAPL) is now one of Buffett's holdings. At the end of the first quarter of 2016, Berkshire Hathaway had a $1 billion stake of 9.8 million shares in Apple, a notable development considering that Buffett tends to shy away from tech stocks—aside from his ongoing stake in IBM (IBM).

Back in November 1999, Buffett wrote a piece for Fortune where he explained why he didn't bother to invest in tech: essentially, it's difficult for companies to remain competitive for long periods of time, and it's hard to predict which companies will be successful far enough in advance to purchase them at a good price. As a value investor, buying stocks when they're trading lower than their fair value is an integral part of Buffett's investing philosophy.

Apple may not be the first name that comes to mind when thinking about undervalued stocks, but the tech company, which held the title most valuable company earlier this year, is down 10.81% for the year. After reaching a market cap of $534 billion in February, Apple is now worth $514 billion. Shares closed at $93.88 on Monday, a 29.4% decline from the 52-week high of $132.97. As a result, Apple's price/earnings growth ratio stands at 1.09 (typically, a PEG under 1 suggests that a stock is undervalued).

Buffett's investment in Apple comes on the heels of fellow billionaire Carl Icahn's April announcement that he no longer held a position in Apple. Icahn decided to ditch Apple due to concerns over the company's ability to thrive in China. 

Berkshire Hathaway picked up shares in four other companies in addition to its Apple investment. Interestingly, all five companies experienced a net decrease in institutional ownership in the first three months of the year. 

Click on the interactive chart to view data over time. 

 

1. Apple Inc. (AAPL, Earnings, Analysts, Financials): Designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide.

Market cap at $514.22B, most recent closing price at $93.88.

Net institutional purchases at -35.4 million, resulting in a -1.09% change in ownership in the quarter ending 3/31/2016.

Berkshire Hathaway initiated a position in Apple with 9.8 million shares.

 

2. The Bank of New York Mellon Corporation (BK, Earnings, Analysts, Financials): Provides various financial products and services worldwide. Market cap at $42.80B, most recent closing price at $39.74.

Net institutional purchases at -7.7 million, resulting in a -0.86% change in ownership in the quarter ending 3/31/2016.

Berkshire Hathaway increased its stake by 3.6% to 20.8 million shares.

 

3. International Business Machines Corporation (IBM, Earnings, Analysts, Financials): Provides information technology (IT) products and services worldwide. Market cap at $143.48B, most recent closing price at $149.46.

Net institutional purchases at -10.7 million, resulting in a -1.88% change in ownership in the quarter ending 3/31/2016.

Berkshire Hathaway increased its stake by 0.25% to 81.2 million shares.

 

4. Phillips 66 (PSX, Earnings, Analysts, Financials): Operates as an energy manufacturing and logistics company. Market cap at $41.35B, most recent closing price at $78.68.

Net institutional purchases at -14.3 million, resulting in a -3.73% change in ownership in the quarter ending 3/31/2016.

Berkshire Hathaway increased its stake by 22.9% to 75.6 million shares.

 

5. Visa Inc. (V, Earnings, Analysts, Financials): Operates retail electronic payments network worldwide. Market cap at $185.55B, most recent closing price at $77.80.

Net institutional purchases at -14.2 million, resulting in a -0.79% change in ownership in the quarter ending 3/31/2016.

Berkshire Hathaway increased its stake by 3.6% to 10.2 million Class A shares.

 

(Monthly return data sourced from MOD. Institutional data sourced from Fidelity. All other data sourced from FINVIZ.)

Analyze These Ideas: Getting Started

ABOUT US

© Kapitall, Inc. All rights reserved. Kapitall Wire is a division of Kapitall, Inc. Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

Kapitall Wire offers free cutting edge investing ideas, intended for educational information purposes only. It should not be construed as an offer to buy or sell securities, or any other product or service provided by Kapitall Inc., and its affiliate companies.

Open a free account today get access to virtual cash portfolios, cutting-edge tools, stock market insights, and a live brokerage platform through our affiliated company, Kapitall Generation, LLC. 

Securities products and services are offered by Kapitall Generation, LLC - a FINRA/SIPC member.

12 (o): [object Object] WSODIssue (s): |36276|69617|1607179 DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): CO2 Emissions Near Scary Threshold Link (s): http://folionation.squarespace.com/news/2016/5/11/co2-emissions-near-scary-threshold.html Thumbnail (s): DocumentDate_raw (n): 1462994760000 DocumentDate (s): May 11, 2016 DocumentDate_smart (s): May 11, 2016 DocumentKey (s): 1107-290734296785735683433-0V96V03QK9C8EAR90E5HT1TF10 ContentType (s): Article TrackingPixel (s): Teaser (s):

Once the global concentration of carbon dioxide reaches 400 parts per million, there's no turning back.

When it comes to greenhouse gas emissions, 400 is the most important number. A recent atmospheric reading from a Cape Grim, Australia measuring station showed that the global concentration of carbon dioxide—the primary greenhouse gas—is nearing 400 parts per million (ppm), an alarming climate change development.

Once the atmosphere reaches that threshold, atmospheric readings will never again dip below 400ppm. The Guardian reports that the northern hemisphere may have already hit 400ppm. This is troubling because carbon dioxide traps heat in the atmosphere (hence the term "greenhouse gas"), so the more carbon dioxide present in the atmosphere, the more likely we are to see an increase in the effects of climate change. 

Supply chains have a large carbon footprint, so embracing decarbonization within the supply chain is one way to significantly reduce emissions. With that in mind, below are three publicly-traded tech companies with the greenest supply chains, according to the Corporate Information Transparency Index's (CITI) 2015 "Greening the Global Supply Chain" report.

The report, which ranked companies in various industries, provides each company with an overall rating between 0 and 100. Each company's score is the sum of its ratings in the following categories: engagement & responsiveness, compliance & corrective actions, extend green supply chain practices, data disclosure & transparency, and responsible recycling.

Click on the interactive chart to view data over time. 

1. Apple Inc. (AAPL): Designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. Market cap at $509.98B, most recent closing price at $93.42.

CITI ranking: 1.

CITI score: 72.

Highest sub-category score: 14 out of 14 for Push for Corrective Actions.

 

2. Canon Inc. (CAJ): Manufactures and sells network digital multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipments primarily under Canon brand in the Americas, Europe, Asia and Oceania. Market cap at $30.66B, most recent closing price at $28.37.

CITI ranking: 9.

CITI score: 40.5.

Highest sub-category score: 6 out of 8 for Recycling Used Products.

 

3. Cisco Systems Inc. (CSCO): Designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. Market cap at $135.16B, most recent closing price at $27.03.

CITI ranking: 18.

CITI score: 18.5.

Highest sub-category score: 9 out of 12 for Respond to & Engage with Public.

 

(Monthly return data sourced from MOD. CITI data sourced from CITI. All other data sourced from FINVIZ.)

Analyze These Ideas: Getting Started

ABOUT US

© Kapitall, Inc. All rights reserved. Kapitall Wire is a division of Kapitall, Inc. Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

Kapitall Wire offers free cutting edge investing ideas, intended for educational information purposes only. It should not be construed as an offer to buy or sell securities, or any other product or service provided by Kapitall Inc., and its affiliate companies.

Open a free account today get access to virtual cash portfolios, cutting-edge tools, stock market insights, and a live brokerage platform through our affiliated company, Kapitall Generation, LLC. 

Securities products and services are offered by Kapitall Generation, LLC - a FINRA/SIPC member.

13 (o): [object Object] WSODIssue (s): |59476371|248333|7186257|283359 DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): Wireless Carriers Look to Cuba and the Future Link (s): http://folionation.squarespace.com/news/2016/5/9/wireless-carriers-look-to-cuba-and-the-future.html Thumbnail (s): DocumentDate_raw (n): 1462824120000 DocumentDate (s): May 9, 2016 DocumentDate_smart (s): May 9, 2016 DocumentKey (s): 1107-290734296785735681436-0KK7UID3STQHU8Q9L4KLT8J5L2 ContentType (s): Article TrackingPixel (s): Teaser (s):

Roaming in Cuba and 5G trials—here's what the big four U.S. wireless carriers are working on these days.

Airplanes, Airbnb and hotels aren't the only U.S. companies with their sights set on Cuba. On Monday, T-Mobile (TMUS) announced that it had entered an agreement with Cuba telecommunications firm Empresa de Telecomunicaciones De Cuba, S.A (ETECSA) and will offer U.S. tourists data, voice and text through roaming while visiting the island this summer.

T-Mobile isn't the first U.S. wireless carrier to offer roaming in Cuba. Verizon (VZ) accomplished that feat in September, roughly nine months after the Obama administration gave telecommunications providers the go-ahead to set up shop. In November, Sprint (S) became the first U.S. wireless carrier to offer direct roaming through a partnership with ETECSA. AT&T (T) is the lone holdout, though a spokesman told Fortune that the company is in talks with ETECSA.

Branching out into Cuba isn't the only exciting development for (most of) these wireless carriers; all of them are testing out 5G wireless connectivity this year. AT&T, T-Mobile and Verizon's trials are currently underway, and Sprint will launch demos at the 2016 Centennial Copa America men's soccer tournament this June.

With that in mind, below is a list of the aforementioned companies along with their year-over-year growth in first-quarter revenue. 

Click on the interactive chart to view data over time. 

 

1. Sprint Corporation (S): Offers wireless and wireline communications products. Market cap at $13.92B, most recent closing price at $3.54.

Year-over-year change in Q1 revenue at -2.55% compared to the wireless telecommunications services average of -3.07%.

 

2. AT&T Inc. (T): Provides telecommunication services to consumers, businesses, and other service providers worldwide. Market cap at $239.44B, most recent closing price at $38.99.

Year-over-year change in Q1 revenue at 24.43% compared to the diversified telecommunications services average of 3.90%.

 

3. T-Mobile US Inc. (TMUS, Earnings, Analysts, Financials): Provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. Market cap at $32.79B, most recent closing price at $39.49.

Year-over-year change in Q1 revenue at 10.56% compared to the wireless telecommunications services average of -3.07%.

 

4. Verizon Communications Inc. (VZ, Earnings, Analysts, Financials): Provides communication services. Market cap at $208.58B, most recent closing price at $51.12.

Year-over-year change in Q1 revenue at 0.58% compared to the diversified telecommunications services average of 3.90%.

 

(Monthly return data sourced from MOD. Revenue data sourced from Fidelity. All other data sourced from FINVIZ.)

Analyze These Ideas: Getting Started

ABOUT US

© Kapitall, Inc. All rights reserved. Kapitall Wire is a division of Kapitall, Inc. Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

Kapitall Wire offers free cutting edge investing ideas, intended for educational information purposes only. It should not be construed as an offer to buy or sell securities, or any other product or service provided by Kapitall Inc., and its affiliate companies.

Open a free account today get access to virtual cash portfolios, cutting-edge tools, stock market insights, and a live brokerage platform through our affiliated company, Kapitall Generation, LLC. 

Securities products and services are offered by Kapitall Generation, LLC - a FINRA/SIPC member.

14 (o): [object Object] WSODIssue (s): DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): Wages Are Growing, But Are They Growing Fast Enough? Link (s): http://folionation.squarespace.com/news/2016/5/6/wages-are-growing-but-are-they-growing-fast-enough-1.html Thumbnail (s): DocumentDate_raw (n): 1462568580000 DocumentDate (s): May 6, 2016 DocumentDate_smart (s): May 6, 2016 DocumentKey (s): 1107-290734296785735679566-2V7SLUVORF4AT5L8509J5D1C8M ContentType (s): Article TrackingPixel (s): Teaser (s):

The April jobs report was weak, though higher wages was a bright spot. Still, all is not well on the wages front.

Everybody's working for the weekend, but most Americans are doing it for lackluster wages. According to an NPR report, citing the Economic Policy Institute, four out of five Americans saw stagnant or declining wages between 2007 and 2014, though, on average, wages for the American worker haven't grown significantly since the early '70s. And for the past six years, annual wage growth has hovered around 2%.

That's why the 2.5% year-over-year growth in hourly earnings in Friday's April jobs report was considered a bright spot amid mixed results, including the lower-than-expected addition of 160,000 new jobs. Though wages grew by 2.5% in January, growth slowed to just 2.2% in February and 2.3% in March. 

Considering the cost of living, the 2.5% increase in wages isn't likely to comfort many American workers. In 2015, the Kaiser Family Foundation discovered that employee deductibles had risen by 67% since 2010, meaning employees are increasingly paying out of pocket for their medical treatments. Given that 81% of health insurance plans have deductibles, this means that an overwhelming number of workers have less money to spend. 

Despite issues with wage growth, the economic recovery has led to a better job market overall: unemployment is at 5% compared to the recession high of 10% in October 2009. Perhaps this helps explain why Americans' perception of their financial situation is evenly split: according to a recent Gallup poll of 1,015 U.S. adults, 50% view it positively, while the other 50% view it negatively. 

15 (o): [object Object] WSODIssue (s): DMSourceID (s): KAPITALL Source (s): Kapitall Headline (s): Wages Are Growing, But Are They Growing Fast Enough? Link (s): http://folionation.squarespace.com/news/2016/5/6/wages-are-growing-but-are-they-growing-fast-enough.html Thumbnail (s): DocumentDate_raw (n): 1462562940000 DocumentDate (s): May 6, 2016 DocumentDate_smart (s): May 6, 2016 DocumentKey (s): 1107-290734296785735679471-0OC3UMRRR16LCCETBOQ0S1PA12 ContentType (s): Article TrackingPixel (s): Teaser (s):

The April jobs report was weak, though higher wages was a bright spot. Still, all is not well on the wages front.

Everybody's working for the weekend, but most Americans are doing it for lackluster wages. According to an NPR report, citing the Economic Policy Institute, four out of five Americans saw stagnant or declining wages between 2007 and 2014, though, on average, wages for the American worker haven't grown significantly since the early '70s. And for the past six years, annual wage growth has hovered around 2%.

That's why the 2.5% year-over-year growth in hourly earnings in Friday's April jobs report was considered a bright spot amid mixed results, including the lower-than-expected addition of 160,000 new jobs. Though wages grew by 2.5% in January, growth slowed to just 2.2% in February and 2.3% in March. 

Considering the cost of living, the 2.5% increase in wages isn't likely to comfort many American workers. In 2015, the Kaiser Family Foundation discovered that employee deductibles had risen by 67% since 2010, meaning employees are increasingly paying out of pocket for their medical treatments. Given that 81% of health insurance plans have deductibles, this means that an overwhelming number of workers have less money to spend. 

Despite issues with wage growth, the economic recovery has led to a better job market overall: unemployment is at 5% compared to the recession high of 10% in October 2009. Perhaps this helps explain why Americans' perception of their financial situation is evenly split: according to a recent Gallup poll of 1,015 U.S. adults, 50% view it positively, while the other 50% view it negatively. 

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