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Wildly asymmetric and unsustainable.
BREAKING: 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
Author Archives: Danielle Park
Rosenberg: Inflation expectations overdone
At the end of March 2020, stock, commodity and corporate debt markets rebounded sharply in anticipation of reopening data that improved later last summer. Today, the question is when will these same markets start repricing slower growth and revenue heading … Continue reading
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Global minimum corporate tax on deck
This is long overdue and essential in capturing a reasonable tax contribution from multinational corporations who benefit from all the infrastructure, subsidies, worker and social supports that taxpayer’s fund. Treasury Secretary Janet Yellen outlined the case for a harmonized corporate … Continue reading
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Danielle’s biweekly market update
Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio link of the segment here.
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