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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: Canada’s home prices remind of US 2005-2006 bubble
Mean reversion is a historic constant…delayed but never avoided. Good summary here. David Rosenberg, chief economist and strategist at Rosenberg Research, joins BNN Bloomberg to provide his thoughts on the bubble forming in the housing market. He says that we … Continue reading
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MacroMaven overview with Stephanie Pompoy
Last week’s overview discussion with macro analyst Stephanie Pomboy was far-reaching and non-consensus. Food for thought. Central banks globally have orchestrated trillions in monetary maneuvers with the aim of boosting asset inflation over the past year and have been very … Continue reading
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Danielle on CBC Weekend Business Panel
Here is a direct video link.
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