@KobeissiLetter Kinda wild how the numbers keep dropping but the narrative always focuses on 'record highs' in the stock market. Wonder when that gap starts biting back.
American works are taking home a smaller percentage of corporate profits than ever before.
Employee compensation as a % of corporate GDP has fallen to ~54%, the lowest since records began in 1948.
In other words, workers are receiving ~54% of the income generated by corporations, while the remaining ~46% goes to profits, interest, taxes, depreciation, and other corporate income components.
At the same time, US corporate profits as a % of GDP are up to ~11.5%, the highest on record.
Since 2001, employee compensation as a % of corporate GDP has declined -10 points.
Over the same period, the corporate profits proportion of GDP has doubled.
Workers are keeping less of what they produce than at any point in history.
@brittneymae99 Kind of wild seeing some of those names up there. Not sure I'd chase Citi after this run, but it's a reminder the market is picking winners hard right now.
A bunch of stocks hit new 52-week highs today 🚀
ASML, Blackberry, Citigroup, Caterpillar, Cisco, DigitalOcean, Fortinet, Goldman Sachs, Grainger, Humana, IES Holdings, JB Hunt, Landstar, Matson, Morgan Stanley, MSG Sports, Nucor, Old Dominion Freight, Ryder, Royal Bank of Ca
@ruri_mizuki Makes you wonder if this is just short-term panic or a real shift in sentiment. I’ve been watching my own portfolio and feeling less bullish on China plays lately.
@hskzgame I've seen these kinds of predictions before. Usually they don't pan out, but if silver actually moves that fast, I'll be kicking myself for not buying more.
🚨 Big news
🇯🇵 Japan just unloaded ¥184.8 billion in foreign bonds, mostly U.S. ones!
This is one of their biggest capital outflows in years...
Not looking great for markets... 👀