Remember the market looked good on paper before it didn’t right before the Great Depression. The top 5 percent controls the entire market and the U.S. labor share of income is at its worst since 1929… something has to happen.
@awealthofcs Best way to fix is increase tax’s on the top 10 percent. Tax cuts have always been a terrible idea for 80 percent of the country. The right just doesn’t want to admit it. Lowe’s labor share of the market since 1929….
@caseyjdonaldson Trying to put band aids on a major issue… outside of the top 10 percent everyone else is in trouble…. We all know the real fix…. Raise taxes on the top 10 percent.
@dig_deeper1@akilrajpari Ya since those 3 percent rates were the lowest in 30 years without 40 trillion in debt.. no chance we see 3 percent unless there’s a complete housing crash and a global event. I guess pray for ww3.
🚨 THIS IS NOT LOOKING GOOD.
Entire US bond yield curve is going parabolic.
US01Y is at a 25-month high
US02Y is at a 28-month high
US05Y is at a 19-year high
US10Y is at a 19-year high
US20Y is also at a 22-year high
US30Y is at a 19-year high
Higher yields across the board mean higher borrowing costs for the government, businesses, and consumers, and that's bad news for both the economy and stocks.
Major television networks will halt coverage of presidential events, according to a memo obtained by The Post, over the White House’s ban on CNN, which was barred alongside MS NOW and Politico in recent days.
Read more: https://t.co/gnmzdWD3Ig
No. None of them have any military base on Greenland.
The only foreign military presence is the US Pituffik Space Base (under longstanding agreements with Denmark). China has pursued some commercial/research interests in the past that were blocked, but no bases. Russia, North Korea, and Iran have zero military footprint there.
@SteveOnSpeed@DeoetPatria72 This^. It completely depends on the economy and what you make. Not having to dish out on repairs, pay property taxes, move whenever etc more recently out weighs buying. Sure 8 years ago no brainer… not anymore.