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Cory’s Chart Corner
Load MoreWildly asymmetric and unsustainable.
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_________________________
Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Author Archives: Danielle Park
Minimum federal corporate tax rate needed
Warren succinctly articulates the overwhelming case for a minimum federal corporate tax rate in this segment. The most profitable companies paying zero to little is not defensible. “What’s happening right now in America, is these small businesses … pay their … Continue reading
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India offers cautionary tale on COVID-19 hubris
Confident they had beaten Covid, government officials relaxed restrictions on virtually all activities, including weddings, political rallies and religious gatherings. The northern town of Haridwar held one of the world’s biggest gatherings this month, with millions of people celebrating the … Continue reading
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It’s a Ponzi world
Bitcoin and other digital coins plunged last week, wiping over $200 billion off the value of the cryptocurrency market. Some cite the need to pay income taxes in April as a prompt to raise needed cash. A similar factor was … Continue reading
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