Pundits who cite the stock market as the primary indicator of U.S. economic performance are blissfully unaware of their analysis' elitism, and it's extremely annoying. Only 55% of Americans own stock. 84% of stock owned by Americans is owned by the wealthiest 10%.
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1) US debt, 2) labor force participation rate, 3) wages, 4) stock market.
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Are we currently measuring unemployment “right”? Seems numbers will be skewed by gig economy.
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Have you checked out Australia recently. Their on fire...like big time. Joe’s not my pick but he’s right on that one.
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America is a consumer driven economy. Jobs and purchasing are what keeps the USA #1 in the world. Peter Zeihan
@PeterZeihan has a number of excellent talks that explain why the US will reign of the next few decades and why China is dead man walking.https://www.youtube.com/watch?v=sfyrURHpUcM …Thanks. Twitter will use this to make your timeline better. UndoUndo
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