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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_________________________
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Grantham: US stocks top 1 percent most expensive in history
Jeremy Grantham’s latest update is available and worth reading on the GMO website. He points out that the current Shiller PE over 34 for the S&P 500 represents the most expensive 1% of all historical incidents. It has happened at … Continue reading
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Apartment defaults highest in a decade
Nick connects the dots very well in this segment. Similar trends are happening in Canada, too. Apartment landlords around America are going into default on their mortgages at decade-high rates, suggesting that the Commercial Real Estate Crash is going to … 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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