Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Powerhouse Best Dividend Stock Generates 43% Return

Dividend logo

If the recent election demonstrated anything, it’s that there is wisdom in not putting too much faith in poll numbers or statistics.

I feel the same way about our major economic indicators. Not that I’m suggesting we ignore the gross domestic product or employment numbers – we just shouldn’t obsess over them or believe they give us a full picture.

Let’s remember how and why the modern concept of GDP was created in the first place.

GDP: A Depression Baby

While the concept of measuring an economy’s total output has been around for a long time, attempts by Presidents Hoover and Roosevelt to fight the Great Depression ran into trouble because there was little data available to measure how bad things had gotten or whether any of the turnaround attempts were working. In 1934, Congress commissioned Nobel Prize-winner Simon Kuznets, an economist with the National Bureau of Economic Research, to develop a system to measure the nation’s income.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Chubb Limited Increases Dividend by 2.9%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

News

Comcast Leads 150 Stocks Going Ex-Dividend This Week

There are 150 stocks going ex-dividend this week starting Monday, June 26. For income investors...

Premium Shutterstock 180568652
News

The Market Glance for June 26: Economic Data, Dividend Aristocrat Headline Final Week of June

The economic calendar features several high-profile events over the next five days, giving...