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Cory’s Chart Corner
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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
Category Archives: Main Page
Central banks sit tight as pain spreads
Yesterday, the Bank of Canada announced it would hold its key interest rate at 5%, the highest since 2007. At the press conference, Governor Macklem confirmed that policy discussions considered how long rates should stay at present levels but added, “It’s … Continue reading
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Sam Cooper updates on money laundering in Canada
Sam Cooper is an investigative journalist and publisher of The Bureau. We discuss a massive CCP mortgage fraud network he uncovered in Toronto, how it relates to what’s internationally known as the Vancouver Model, and how deeply interwoven Chinese money … Continue reading
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What China’s slowdown means for the world economy
For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown. Its housing sector is in its third year of decline, the stock market is touching new lows and youth unemployment remains high. These issues … Continue reading
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