> ## Content Index > Fetch the complete content index at: https://www.thejanusobserver.com/llms.txt > Use this file to discover other available public pages before exploring further. # January 10, 2018 - URL: https://www.thejanusobserver.com/january-10-2018/ - Published: 2018-01-10T12:00:16.000Z - Updated: 2026-10-25T20:09:16.000Z - Author: Jonathan Janus - Tags: Uncategorized, Amway, Auto Industry, China, Credit Scores, Cryptocurrencies, Debt, Environment, Family Statistics, Inequality, Infrastructure, Investment Management, Markets, Venezuela, #Migrated-1792957904788, #wp, #wp-post, #Import 2026-10-25 19:52 # Perspective [Howmuch.net - Credit Scores & Household Incomes in America - Raul 1/8](https://howmuch.net/articles/credit-scores-income-america?ref=thejanusobserver.com) [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/howmuch_credit-scores-household-incomes-in-america_1-8-18-w-300.jpg)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/howmuch%5Fcredit-scores-household-incomes-in-america%5F1-8-18.jpg?ref=thejanusobserver.com) [Pew - Most dads say they spend too little time with their children; about a quarter live apart from them - Gretchen Livingston 1/8](http://www.pewresearch.org/fact-tank/2018/01/08/most-dads-say-they-spend-too-little-time-with-their-children-about-a-quarter-live-apart-from-them/?ref=thejanusobserver.com) [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/pew_fathers-living-apart-from-their-children_1-8-18-w-161.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/pew%5Ffathers-living-apart-from-their-children%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: Deutsche Bank - Road Quality by US State 2016 1/9 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_deutsche-bank-road-quality-by-us-state-2016_1-9-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fdeutsche-bank-road-quality-by-us-state-2016%5F1-9-18.png?ref=thejanusobserver.com) # Worthy Insights / Opinion Pieces / Advice [A Teachable Moment - Will Wealth Inequality Slay the Bull Market? - Anthony Isola 1/8](http://tonyisola.com/2018/01/will-wealth-inequality-slay-the-bull-market/?ref=thejanusobserver.com) - "Revolution is the ultimate Black Swan." - "Thirty percent of U.S. households have zero or negative non-home wealth. One thing is certain; this is not the location of the 'cash on the sidelines'.” - [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment_deutshe-bank_zero-or-negative-non-home-wealth_1-8-18-w-300.jpg)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment%5Fdeutshe-bank%5Fzero-or-negative-non-home-wealth%5F1-8-18.jpg?ref=thejanusobserver.com) - "Unfortunately, wealth inequality is a feature, not a bug, of democracy and capitalism." - [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment_deutsche-bank_us-wealth-distribution_1-8-18-w-300.jpg)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment%5Fdeutsche-bank%5Fus-wealth-distribution%5F1-8-18.jpg?ref=thejanusobserver.com) - “'According to research from the New York University economist Edward Wolff, the top 10 percent of American households now own 84% of all stocks. That’s up from 77% ownership in 2001'.” - "90% of America barely participated in the massive bull market the last several years." - “'The majority of middle-class wealth is tied to homes, as more than 60% of investible assets are in a primary residence. Stock ownership makes up less than 10% of total assets for the middle class'.” - [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment_bloomberg-price-appreciation-of-housing-vs-equities_1-8-18-w-300.jpg)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/a-teachable-moment%5Fbloomberg-price-appreciation-of-housing-vs-equities%5F1-8-18.jpg?ref=thejanusobserver.com) - But do you have the fortitude to suffer the draw-downs… - “The men who can manage men manage the men who can manage only things, and the men who can manage money manage all.” - Will and Ariel Durant [Bloomberg View - Stock Investors Will Benefit Most From Corporate Tax Overhaul - Ben Carlson 1/5](https://www.bloomberg.com/view/articles/2018-01-05/stock-investors-will-benefit-most-from-corporate-tax-overhaul?ref=thejanusobserver.com) [NYT - Amway Made China a Billion-Dollar Market. Now It Faces a Crackdown. - Ryan McMorrow and Steven Lee Myers 1/8](https://nyti.ms/2Enfuqz?ref=thejanusobserver.com) [WSJ - China's Strategy to Psych Out the West Is Paying Off - Andrew Browne 1/9](https://www.wsj.com/articles/chinas-strategy-to-psych-out-the-west-is-paying-off-1515493983?ref=thejanusobserver.com) - "The China scholar Perry Link once called the party 'the anaconda in the chandelier'." - "Just by hovering, it induces self-censorship and subtle behavioral changes." - "'Normally the great snake doesn't move. It doesn't have to,' Mr. Perry wrote in a 2002 essay in the New York Review of Books." - "'Its constant silent message is 'You yourself decide.''" # Markets / Economy [WSJ - The Price Gap That's Squeezing the Auto Market - Stephen Wilmot 1/8](https://www.wsj.com/articles/the-price-gap-thats-squeezing-the-auto-market-1515405790?mod=djemHeardEUH&ref=thejanusobserver.com) [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_edmunds_new-and-used-auto-price-gap_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fedmunds%5Fnew-and-used-auto-price-gap%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: US Consumer Credit Net Change 1/8 - "Consumer credit balances saw the greatest monthly increase in 16 years." [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_us-consumer-credit-net-change_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fus-consumer-credit-net-change%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: FRED - Total US Consumer Credit Relative to Disposable Personal Income 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_fred-total-us-consumer-credit-relative-to-disposable-personal-income_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Ffred-total-us-consumer-credit-relative-to-disposable-personal-income%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: Piper Jaffray - US Consumers living beyond their means 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_piper-jaffray-us-consumers-living-beyond-their-means_1-8-18-w-294.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fpiper-jaffray-us-consumers-living-beyond-their-means%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: FRED - Total Consumer Loans by Credit Unions 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_fred-total-consumer-loans-by-credit-unions_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Ffred-total-consumer-loans-by-credit-unions%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: FRED - Total US Student Loan Balance 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_fred-total-us-student-loan-balance_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Ffred-total-us-student-loan-balance%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: US Financial Accounts Q3 2017 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_us-financial-accounts-q3-2017_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fus-financial-accounts-q3-2017%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: Piper Jaffray - Consumer Confidence & Savings Rate Gap 1/8 - "There is a widening gap between consumer sentiment and the savings rate. In the past, this divergence was a precursor to the end of the economic cycle." [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_piper-jaffray-consumer-confidence-savings-rate-gap_1-8-18-w-270.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fpiper-jaffray-consumer-confidence-savings-rate-gap%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: Market Ethos - US Output Gap 1/8 - "The disappearance of the output gap also indicates that we are in the late stage of the cycle." [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_market-ethos-us-output-gap_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fmarket-ethos-us-output-gap%5F1-8-18.png?ref=thejanusobserver.com) [Economist - Daily Chart: The fastest-growing and shrinking economies in 2018 1/5](https://www.economist.com/blogs/graphicdetail/2018/01/daily-chart-3?ref=thejanusobserver.com) [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/economist_growing-and-shrinking-economies-in-2018_1-5-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/economist%5Fgrowing-and-shrinking-economies-in-2018%5F1-5-18.png?ref=thejanusobserver.com) # Finance WSJ - Daily Shot: Bitcoin 1/8 - "Bitcoin appears to be range-bound, unable to breach the $17k level again." [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_bitcoin_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fbitcoin%5F1-8-18.png?ref=thejanusobserver.com) WSJ - Daily Shot: Investing.com - Ripple 1/8 - "Ripple took a massive hit on Monday before recovering partially." [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_investing-com-ripple_1-8-18-w-293.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Finvesting-com-ripple%5F1-8-18.png?ref=thejanusobserver.com) # Environment / Science [NYT - These Billion-Dollar Natural Disasters Set a U.S. Record in 2017 - Kendra Pierre-Louis 1/8](https://nyti.ms/2EmHDOf?ref=thejanusobserver.com) # South America [FT - Smuggled cattle and petrol join exodus from Venezuela - Gideon Long 1/8](https://www.ft.com/content/90916fbc-f1a9-11e7-b220-857e26d1aca4?segmentId=a7371401-027d-d8bf-8a7f-2a746e767d56&ref=thejanusobserver.com) - "Criminal gangs seize opportunity posed by hyperinflation and a plunging bolivar." WSJ - Daily Shot: Bloomberg - Venezuela 10yr USD Bond Price 1/8 [![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_bloomberg-venezuela-10yr-usd-bond-price_1-8-18-w-300.png)](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj%5Fdaily-shot%5Fbloomberg-venezuela-10yr-usd-bond-price%5F1-8-18.png?ref=thejanusobserver.com)