AI
Monday, December 22, 2014 9:23:04 PM
View from the top: It Has Never Been More Expensive For 'Average Joe' To Buy Stocks
Submitted by Tyler Durden on 12/22/2014 15:49 -0500
http://www.zerohedge.com/news/2014-12-22/it-has-never-been-more-expensive-average-joe-buy-stocks
When all is said and done, the swing factor in the decision to work (or not work) is the income it generates (and lifestyle it supports). So we found it intriguing that, as the following chart shows, the number of hours or work required for the average American to buy the S&P 500 has never been higher...
Perhaps that is the goal? Price the plebians out of the market and maintain the tax-paying workforce to support government largesse...
Source: Goldman Sachs
Submitted by Tyler Durden on 12/22/2014 15:49 -0500
http://www.zerohedge.com/news/2014-12-22/it-has-never-been-more-expensive-average-joe-buy-stocks
When all is said and done, the swing factor in the decision to work (or not work) is the income it generates (and lifestyle it supports). So we found it intriguing that, as the following chart shows, the number of hours or work required for the average American to buy the S&P 500 has never been higher...
Perhaps that is the goal? Price the plebians out of the market and maintain the tax-paying workforce to support government largesse...
Source: Goldman Sachs
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
