What should excite investors the most is the growing size
of the middle class in China and India.
Nike (NKE)-- Phil Knight's shoe company stands to benefit from the explosion
of the middle class in emerging markets like China and Mexico.
Demand for commodities is expected to stay relatively strong over the coming 20 years, reflecting the growth
of the middle class in emerging markets, especially China.
The rapid growth
of the middle class in developing markets globally, and particularly in Asia, has catalyzed rapid changes in consumer demand.
But the other side of the coin is the devastating hollowing out
of the middle class in the western industrial democracies.
But even in Davos, which is favored by champions of globalization, there is vocal opposition to trade from critics who say it has benefited the elites at the expense
of the middle class in many parts of the world.
It's just a matter of time before we see a reversion to the mean in which housing prices revert back to the true fundamental condition
of the middle class in this country.
The growth
of the middle class in China has helped other big American companies, expanding the potential harm of the tariffs.
Though it is certainly possible to speak of democratic arrangements in Athens or the rise
of a middle class in ancient Egypt, it does not make sense to employ the term «ancient Greek liberalism» or «Egyptian liberalism.»
The growth
of the middle class in markets such as China - and the resulting increase in disposable income - has been pinpointed as the driving force behind an increase in global dairy consumption and demand.
SINGAPORE, 12 January 2016 — One of the key factors that have driven the growth of the wine market in Asia is the evolution
of the middle class in this region, who bring with them greater disposable income and an increased emphasis on the quality of life.
Gary LaBarbera, President of the New York City Building and Construction Trades Council said, «Unions have long been the bedrock
of the middle class in New York City and throughout the United States.
New York state Gov. Andrew Cuomo's Middle Class Recovery Act increases taxes on millionaires and cuts taxes on members
of the middle class in state.
Although conservatives opposed attempts to allow greater representation
of the middle class in parliament, they conceded that electoral reform could not be reversed and promised to support further reforms so long as they did not erode the institutions of church and state.
Dunham also discussed the plight
of the middle class in New York, noting that some New Yorkers might be squeezed out of the city and even forced to move to Florida.
Kolawole said the forum would also be organising a public lecture on Electoral Participation of youth with the topic — «Politics of Sustainable Development in Nigeria, Exploring the Inclusion
of the Middle Class in the Dominant Discourse».
During 13 years in office, Gordon Brown quietly but skilfully enmeshed large sections
of the middle class in a gladiator's net of state dependency.
The themes are complex, too, ranging from climate change to the struggles
of the middle class in middle America, from religious fable to mental health tale.
«One thing I don't think people realize — charter schools are keeping a lot
of the middle class in cities,» he said.
Additionally, we believe that in the coming decades a significant portion of global growth will be driven by the rise
of the middle class in emerging markets; while U.S. - based multinationals will benefit from this trend, investors may have greater opportunities to benefit by taking a global approach to this global phenomenon.
Beyond issues like poverty, unemployment, and the growth
of the middle class in Mexico, which are foremost concerns for Pérez, he has no doubt that art, too, would suffer.
Studies show that about 80 percent of the indigent population and more than half
of the middle class in the U.S. lack access to legal services.
-- Don Peck — Across the Atlantic, so to speak, the author explores the decline
of the middle class in America.
Not exact matches
While former secretary
of state Hillary Clinton and U.S. Senator from Vermont Bernie Sanders are expected to duke it out
in an intensifying battle for the party nomination, themes
of the weak economy and the struggles
of the
middle class are likely to take center stage.
In fact, the company that has played a staring role in the Dow's outperformance does not actually employ a lot of traditional middle - class Americans: Goldman Sachs (gs
In fact, the company that has played a staring role
in the Dow's outperformance does not actually employ a lot of traditional middle - class Americans: Goldman Sachs (gs
in the Dow's outperformance does not actually employ a lot
of traditional
middle -
class Americans: Goldman Sachs (gs).
The plight
of the
middle class was a major theme
of his launch speech and the subject
of his first position statement, published as a column
in the Toronto Star entitled: «Canadian
middle class left out
of the growth equation.»
Richmond attributes the surge
in trans - Pacific air travel to continued growth
of the Chinese economy and
middle class.
So even as Tesla woos
middle -
class buyers
in the U.S. (the Model 3, due to arrive this fall, will start at about $ 35,000) buyers
in China have mostly resembled Vanessa Zhu: wealthy drivers who view Teslas as luxury vehicles, or at least as the coolest new piece
of tech since the iPhone.
The first is that emerging economies are expanding rapidly, creating unprecedented growth
in a global
middle class who are both producers and eager consumers
of manufactured goods.
In other words, more than 300 million
middle -
class consumers with rising disposable incomes are propelling the consumption
of China.
He grew up
in the working -
class city
of Fitchburg,
in central Massachusetts, the
middle son
of five kids.
In the 1950s and 1960s, the manufacturing sector provided a growing share
of middle class job opportunities, thanks to strong unions.
A typical
middle -
class couple with their home paid off needs only about 50 % to 60 %
of the income they earned earlier
in life to live an equivalent lifestyle.
However, the emphasis
of Trudeau and Morneau
in their first budget was on sops for the
middle class, not productivity.
A staggering amount
of wholesale change is happening — from unprecedented and widespread aging to rampant urbanization and growth
in a global
middle class to an eastward shift
in economic power and a growing number
of disruptive technologies.»
I spoke to Henry Siu, a professor at the University
of British Columbia who specializes
in automation and the decline
of middle -
class jobs; he predicted that the trucking industry could automate within the span
of one to two years.
In an analysis
of the changing shape
of the American
middle class, Pew Research Center divided the population into three groups: Lower - income Americans made less than 2/3
of the median household income,
middle - income households had incomes between 2/3 and 200 %
of the median, and upper - income households had income more than twice the median income.
As an example, a cap
of $ 500,000
in tax - free capital gains on any principal residence means that a home sold for $ 1 million that was purchased for $ 100,000
in 1985 say, would have $ 400,000 taxed at the owner's tax rate at the time
of the sale (about 35 % for the average
middle class Canadian).
That shows you, even though they're at their infancy
in terms
of ecommerce, the
middle class in China is set to explode, and the ramifications on global trade, companies here that produce products they want to buy, is absolutely monstrous.
Most
of us were brought up poor or
in the
middle class — and then continue the rest
of our lives plagued by the thoughts, ideas and actions
of the poor and the
middle class.
The company created a huge marketplace and a sophisticated distribution network just
in time to serve a generation
of Chinese consumers attaining
middle -
class prosperity.
As the holiday acquired nation - wide popularity, Alibaba became the first major company
in 2009 to monetize the holiday by launching a special online sale and effectively transforming the day into the world's biggest 24 - hour online shopping event, one that reflects the growing wealth
of China's
middle -
class.
So far, those concerns have had much less impact on sales
in emerging markets, where entrance to the
middle class includes consumption
of higher - calorie, higher - fat food products that are only available with more disposable income.
Despite early signs that a fast - food diet is no healthier
in Beijing than it is
in Boston, consumers who are new to
middle -
class dining seem less concerned about the health risks
of the high - fat, high - sodium fare that many Americans now seek to avoid.
On the other hand, members
of the
middle class take jobs they don't enjoy «because they need the money, and they've been trained
in school and conditioned by society to live
in a linear thinking world that equates earning money with physical or mental effort.»
(The Atlantic) Hundreds
of millions
of people
in Asia, Latin America, and Africa have lifted themselves from destitution into something like the
middle class.
«Canada's
middle class is actually doing much better relative to past decades based on a host
of indicators,» Charles Lammam and Hugh MacIntyre, two from Fraser's stable
of experts, wrote
in an op - ed published
in the Ottawa Citizen on March 17.
If you make a
middle -
class salary
of, say, $ 40k to $ 60k after tax
in the USA, you're spending 5 % to 15 %
of it on gas.
Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one
of high unemployment / underemployment, high oil prices, stagnant
middle - and lower -
class incomes, unprecedented wealth concentration
in the upper
class, demolished savers, under - investment
in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.
«Some Canadian cities have as diverse a
middle -
class population as any city on the planet, and part
of what you have to do is play to that diversity and know that having Thai peanut sauce makes sense
in one city but it doesn't make sense somewhere else,» says Underhill.