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“Up North: On Top — Life in Canada, Home of the World’s Most Affluent Middle Class.” — New York Times, April 30, 2014 This was the headline just a decade ago. The American middle class, “long the most affluent in the world...lost that distinction.” The new leader at that time? Canada — seen as a model for the rest of the world.
The old joke that “economists exist to make weathermen look good” may feel especially relevant today. So far, 2025 has proven just how unpredictable the near-term outlook can be.
As we head into another year, the classic question feels as relevant as ever: is the glass half full or half empty?
Six minutes: that’s the time the median individual investor spends researching a stock before purchasing it online, according to a recent Wall Street Journal article.