Thursday, November 28, 2013

Nonfinancial Corporate Debt Securities vs. Wages (Musical Tribute)

Click to enlarge.

Source Data:
St. Louis Fed: Custom Chart


dearieme said...

Enjoy your turkey, and then get going up and down those stairs.

Rob Dawg said...

It is almost as if the low cost of capital is displacing the value of labor.

Stagflationary Mark said...


I've been good about climbing those stairs once my ankle started to recover (about 2 months after the serious sprain over the 4th of July holiday). I can't say I've been as good when it comes to food intake or weight loss though. D'oh! ;)

Stagflationary Mark said...

Rob Dawg,

It is almost like that. The tide is turning though. Well, sort of. What was once just a tidal force has become a tidal wave. Labor's portion of GDP is not so much outsized as capsized. Sigh.