The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
THE CHART THAT EXPLAINS EVERYTHING
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THE CHART THAT EXPLAINS EVERYTHING

Total labour compensation is hitting all-time highs!

Kevin Muir's avatar
Kevin Muir
Jul 01, 2020
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The MacroTourist
The MacroTourist
THE CHART THAT EXPLAINS EVERYTHING
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There are lots of folk who look at the five-decade high in unemployment and the rocketing stock market, and proclaim that markets are not properly discounting fundamentals. It’s interesting that these pundits are so confident that they know better than the entire marketplace.

Could the naysayers be right and this is nothing more than a bear-market rally…

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