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The Kobeissi Letter @KobeissiLetterBREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just_________________________
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Daily Archives: September 2, 2025
Canada’s economy disappoints
Canada’s GDP for the second quarter contracted by 1.6% on an annualized basis, following a downwardly revised 2.0% expansion in the first quarter (Statistics Canada), resulting in a total annualized growth of 0.4% for the first six months of 2025. … Continue reading
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