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Market Cap Quirks And Rolling Bubbles

MarkMark
in Other Investing
As usual Ms. Schwartzer does another excellent job of distillation.

Summary

° An overview of some mechanics on how market capitalization works as it relates to bubble formation.
°A look into the feedback loop of lower corporate taxes, wider trade deficits, and reinvested trade dollars into US assets.
°Things to look for as it relates to the risk of US market capitalization as a percentage of GDP topping out.

Market Cap Quirks And Rolling Bubbles

Comments

  • beebee
    edited April 2021
    Thanks @Mark, very informative article.

    Here's the accompanying articles to the chart:
    https://epi.org/productivity-pay-gap/
    This chart says it all...the end of the American middle class wage.
    image
  • carew388carew388
    1979 was also the peak year for manufacturing employment . Anecdote from 1979: a classmate from high school was working as a Pepsi teamster driving trucks that summer. His pay was $9 per hour, when the minimum wage was $3.35 hourly. $9 is still higher than our Federal Minimum Wage. Of course, it helped that his father worked for Pepsi as well !
  • Baseball_Fan
    Ya @carew38. I remember the late 70s, early 80s...punks worked at grocery stores bagging and in union making $12+ gazebos an hour, then load trucks for UPS part time making $15 + an hour...do the math, you could do real well with no college back then... now, hmm.

    Best

    Baseball Fan
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