Full title: corporate America just posted record profits this week. The stock market is at all time highs. If your paycheck didn’t do the exact same thing, take a wild guess why. Their record margins are literally just your unpaid wages
Full title: corporate America just posted record profits this week. The stock market is at all time highs. If your paycheck didn’t do the exact same thing, take a wild guess why. Their record margins are literally just your unpaid wages
This is a bad thing. Stock buybacks are driving this round of stock market excess. Basically the wealthy are no longer betting on the future by investing money to grow business. Instead they are pumping up their stocks value so they can check out.