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The macro case for hard assets is the most compelling I have ever seen.

December 5, 2020 12:37 pm by IWB

This chart has never been so relevant.

The macro case for hard assets is the most compelling I have ever seen. pic.twitter.com/kW3ZXMyCG6

— Otavio (Tavi) Costa (@TaviCosta) December 5, 2020

 

The average US worker must now work 141 hours to buy 1 share of S&P 500. That’s, of course, a fresh record. In the 1980s, it took less than 20 hours.
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