/biz/ - Business & Finance

>>55941419
That's easy, m8. The older generations that actually have a house and/or properties massively benefitted from Corona. The ZIRP policy allowed them to refinance to insanely low levels, allowing them to save so much cash, thus effectively outpacing inflation. Plus, a lot of them already own houses (free of debt), which is even better. Inflation mostly affected rentoids (and massively so since rents really got out of hand). Younger generations are getting severely fugged (besides those skilled in tech or trades). And since the consumer consists of those with money, i.e., the older generations, the consumer hasn't really been that affected (or to such an extent as has been expected).
People in general either have way too much money or too little.
Everything is percentage-based so those that are older and have been in the biz for a longer time are getting way more in terms of wages. The average is being driven up, while the median is kind of stagnating. What does that tell you?
But since the newer generations don't really matter (purely statistically), the market will just continue pumping to keep up with the sentiment of the rich.

>>55842449
Irrelevant for the market though. The gap between the rich and the poor is diverging with each day. The new generations are kinda fugged since rates and mortgages are insanely high and property prices are near ATH... but again they don't matter to the stock market. The smart and big money is what matters, and they are getting parabolically richer each year

>>55660482
Imagine betting against the second most valuable company in the world and against the power of AI, lmaoooo.
>>55660510
Lum is not into that, bro. She prefers normal pies

>>55621123
Copper is often associated with overall public economic strength and health.
For example, as China keeps crashing through the floor, copper is taking a dive as well. As US presented worse data regarding production of new real estate, copper also took a nosedive.
I am being overly serious though. What actually is concerning is the fall in income taxes