Click to enlarge.
3 (number)
There is another superstition that it is unlucky to take a third light, that is, to be the third person to light a cigarette from the same match or lighter. This superstition is sometimes asserted to have originated among soldiers in the trenches of the First World War when a sniper might see the first light, take aim on the second and fire on the third.
This post inspired by Troy from the comments of my last post.
See Also:
Dividend Persistence
Corporate Profits vs. Wages (Musical Tribute)
Source Data:
St. Louis Fed: Custom Chart
Those who bought stocks in 1965 (corp profits / wages > 15%) didn't exactly make out like bandits either.
ReplyDeleteReal S&P 500 (June 2012 Dollars, Not Counting Dividends, 1965 through 1981)
Speaking of 1%, there is a correlation between the chart in this post and the inverse of the 10-year treasury yield.
ReplyDeleteIt's not looking good for the 99%.