Summing Up America's Class "Struggle"

Presented with no comment…

 

 

(h/t Jim Quinn’s Burning Platform blog)

 

Of course, as we noted here, the rich have never felt more comfortable relative to the poor...Those with an income over $99,000 per year are the most comfortable they have been in 6 years while the lower incomes (below $40,000) have seen their comfort plunge to one-year lows. It seems, as Druck noted earlier, that the wealth redistribution is having a visceral effect on sentiment.

 

 

Chart: Bloomberg

 

 

    



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