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Steve Church's avatar

Very interesting! Consistent with know S&P 500 profit margin data...smaller companies do not show the same opportunity...

Amanda Goodall's avatar

Fun fact: I only trade on workforce data. IYKYK.

Steve Church's avatar

You are putting the meat on the bones of my thoughts over the last 4 years. Many thought recession was in the cards when economic/market data was actually showing structural decline - not a cyclical decline. America's "capital" is being "extracted" and transferred out of the country. Your workforce data supports that thought.