Three eye opening charts about the US economy

The share of total US wealth is seeing the greatest redistribution upward since the roaring 1920s. We know what happened next…

Productivity gains are not being realized by average workers since the early 1970s. Wage growth is stagnating as productivity gains are funneled in to corporate profits, share buybacks and executive compensation (see the first chart for the net impact of this pivot).

US equities move in tandem with Federal Reserve balance sheet growth. The haves have more, while the have nots are left to languish as they have little to no money invested in equities.