K shaped economy the less money the dirty poors have to spend mean more for the wealthy to spend on luxuries
As long as they show up to work and toil away until AI takes over they don’t care.
I put in an order to move my entire 401-K into bonds and I'll sit on the sidelines for a bit. The last time I felt this way was in December 2021 and I bought it back in October 2022. I kept my gains and made interest while everyone else took two years to recover.
Fundamentals.. supply outstripped demand. Ie. Rosy prospects for companies/massive speculation, but ignored millions still in slums unable to buy fords and washing machines. Give me a break with this transitory k shaped economy. Insert Pam meme. It’s the same thing