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The disconnect between Wall Street pay and the Main Street pay shows the correction in the economy is not complete yet
Sam Adelton
Aug. 1, 2009

Business cycles and the stock market cycles work like pendulum. The bull markets and euphoria goes to one extreme and then to the other end of extreme. The long-term bear market that started last year could not correct the euphoria as yet.

The bull markets top with high trading price for the seats of the stock exchange. The historic 100-year bill market topped out exchanges being traded at hefty price not the seats. The euphoria topped with biggest ever disconnect between Wall Street pay and the Main Street pay. Unfortunately that disconnect is still there showing the correction in the economy is not complete yet.

There’s a huge disconnect between what the average American worker receives in terms of compensation and that of the Wall Street. In spite of US Government’s insistence, the Wall Street pay is still staggeringly high. The correction has a long way to go.


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