Elevated asset valuations relative to disposable income are less a sign of “wealth” than a sign of impending market losses.

Sharing is Caring!

The ratio of net worth to income made a new all-time record high last quarter: Natixis economist Joe Lavorgna

Elevated asset valuations relative to disposable income are less a sign of “wealth” than a sign of impending market losses.

 

CUMULATIVE #GDP GROWTH MINUS FEDERAL #DEBT ISSUANCE < ZERO

See also  History of Asset Bubbles - BofA
Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Universal Basic Income Begins For Black Women

Views: 0

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.