2019-08-01 11:33:00 Thu ET
stock market competition macrofinance stock return s&p 500 financial crisis financial deregulation bank oligarchy systemic risk asset market stabilization asset price fluctuations regulation capital financial stability dodd-frank
Many young and mid-career Americans fall into the financial distress trap in rural communities. A recent analysis of 25,800 zip codes for 99% of the U.S. population compares the consecutive periods from 2007-2011 to 2012-2016. The key reasons for U.S. rural distress include a lack of educational attainment, subpar mortgage affordability, unemployment, low income, and stagnant business investment. Many young Americans experience the catch-22 situation with disproportionate student debt, credit card debt, and mortgage delinquency etc. There is no clear path for these less fortunate young Americans to afford moving from the rural areas to more prosperous metropolitan areas. In the absence of high-skill job opportunities, rural communities remain economically subpar places of residence.
About 65% of the U.S. rural population lives east of the Mississippi River, and half of the rural residents are in the south. Education represents the faulty line between prosperous and economically subpar communities. Specifically, prosperous zip codes contain more than 27 million adults with tertiary education, whereas, there are fewer than 5 million adults with equivalent levels of educational attainment in economically subpar communities from Louisiana, New Mexico, and West Virginia to Alabama, Arkansas, and Mississippi. Economic inequality continues to be a key socioeconomic issue in America.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-12-10 09:23:00 Sunday ET

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa
2019-04-11 07:35:00 Thursday ET

European Central Bank designs its current monetary policy reaction function and interest rate forward guidance in response to key delays in inflation conver
2019-01-19 12:38:00 Saturday ET

U.S. government shuts down again because House Democrats refuse to spend $5 billion on the border wall that would give President Trump great victory on his
2020-02-02 11:32:00 Sunday ET

Our fintech finbuzz analytic report shines fresh light on the current global economic outlook. As of Winter-Spring 2020, the analytical report delves into t
2017-12-03 08:37:00 Sunday ET

Sean Parker, Napster founder and a former investor in Facebook, has become a "conscientious objector" on Facebook. Parker says Facebook explo
2023-03-28 11:30:00 Tuesday ET

The Federal Reserve System conducts monetary policy decisions, interest rate adjustments, and inter-bank payment operations. Peter Conti-Brown (2017)