Corporate Profits Near All-time Highs, While Wages Near Lows

Thursday, February 06, 2025

In a note that accompanies the charts below, Deutsche Bank strategist Jim Reid notes that U.S. corporate profits and asset prices are near all-time highs, while the budget and trade deficits are near historic highs. At the same time, wages are near their lowest ever when measured as a share of gross domestic product.

Posted by qcp at 08:31 PM | 11 COMMENTS | permalink | Comment on This Entry |

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Taxing excess corporate profits can curb market dominance AND boost competition. Higher taxes could drive âž¡ï¸ innovation, support clean energy jobs ðŸ"‹, and promote fairer markets. rooseveltinstitute.org/publications ...

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-- Roosevelt Institute (@rooseveltinstitute.org) February 3, 2025 at 4:32 PM

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Over Financialization of the Economy.

Too many funny little games with Money, not enough manufacturing or actual products being made.

A Sign of Decadent and Effete Times.

#1 | Posted by Effeteposer at 2025-02-06 09:17 PM | Reply

It doesn't surprise me. Stock market near all time high. Billionaires spending obscenely bribe-like amounts to get governors, legislatures and presidents elected.

#2 | Posted by Augustine at 2025-02-06 10:58 PM | Reply | Newsworthy 1

This all happened in the last two weeks?

#3 | Posted by visitor_ at 2025-02-07 02:02 AM | Reply | Funny: 1 | Newsworthy 1

@#2 ... Stock market near all time high. ...

Yeah, but stumbling since Pres Trump went on his tariff binge.

#4 | Posted by LampLighter at 2025-02-07 02:09 AM | Reply

Stock market near all time high

The US National Debt is also at its highest point in history.

#5 | Posted by REDIAL at 2025-02-07 02:30 AM | Reply

Another aspect ...

As anyone who has a clue about the economy will tell you ...

The Stock Market and the Economy Are Not the Same: A Guide to Understanding the Difference
dunuwila.com

... When we think of financial health, a few things might come to mind. We may think of our own financial status, our investments, the Dow Jones Industrial Average performance, the stock market as a whole, the economy, the country's employment status and so on. While some aspects may be interrelated on some level, they are not all one and the same, nor do they all indicate the status of one another.

The various ways we can characterize financial well-being speaks to why so many people think of the stock market and the economy's health as a gauge for each other. However, the stock market does not define economic health as a whole. ...

#6 | Posted by LampLighter at 2025-02-07 02:37 AM | Reply | Newsworthy 1

Remember the "Big Short" ending, where sarcastically the narrator tried to point out all the big boys who went to jail when much of the banking industry, and much of wall street went bust?
One looks at this economy and figures the same thing is about to happen, though if it is possible they will figure out a way for an economic depression to hit the lives of workers, military pensioners, and those on SS, but not hit the corporate profits...
Just take from the poor to give to the rich. I bet they even have a course on it at Wharton, Trump's school of record as I remember. www.washingtonpost.com

#7 | Posted by Hughmass at 2025-02-07 07:30 AM | Reply | Newsworthy 2

This all happened in the last two weeks?

#3 | POSTED BY VISITOR_ AT 2025-02-07 02:02 AM | REPLY | FLAG:

Funny how it's newsworthy all of a sudden.

Also, What the article doesn't touch on is the massive migration of people from third world countries into industrialized countries like the US, who're willing to work for much less $.

#8 | Posted by lfthndthrds at 2025-02-07 08:53 AM | Reply | Funny: 1

This all happened in the last two weeks?

#3 | POSTED BY VISITOR_

No. But you idiots will credit Trump anyway.

#9 | Posted by jpw at 2025-02-07 10:54 AM | Reply

Well, duh.

And that's why the Biden/Harris messaging about "the economy is great now" went over like a lead balloon.

WALL STREET IS NOT THE ECONOMY, ASSHATS.

When both sides are failing to understand the problem, when both sides are fully supporting perpetrating a genocide, when one side is claiming they'll actually fix the economy (sure, it's an obvious lie, and it's already been abandoned, but the gullible believed him) and the other side is just spouting "Everything's great!" - well, what the f--k did you think was gonna happen?

The genocide was the big issue for a LOT of young voters. And it really was both sides being evil, Biden had an entire year to end arms shipments to Israel and support going after the perpetrators, and didn't. Mango Mussolini is just more open about his genocide ambitions, but it doesn't really change anything on the ground, the genocide isn't being stopped, the apartheid isn't being stopped. And they didn't vote for Mango Mussolini, they just stayed home. Had Biden done the right thing, Kamala would have been elected in a landslide, even with the s--ty economy.

#10 | Posted by DarkVader at 2025-02-07 02:23 PM | Reply | Newsworthy 1

Face it, folks. As far as Corporate America is concerned, you and I are nothing more than just another resource to be exploited. A coal seam to be strip mined.
They do not give a ...., until Luigis start showing up.

#11 | Posted by morris at 2025-02-07 09:53 PM | Reply | Newsworthy 1