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Politics : Formerly About Apple, Inc. Unmoderated
AAPL 274.47+0.1%3:59 PM EST

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To: Zen Dollar Round who wrote (9645)11/5/2019 11:26:57 AM
From: Doren  Read Replies (2) of 11191
 
Was watching Nightly Business Report...

Top 20% in income buy 60% of Xmas gifts. That bodes well for Apple but not the rest of the economy. Increasingly its this part of the economy that makes it look like wages are going up. They are not for most people but if you average in the great growth in the wages of the upper tier it looks good.

Companies like Ferrari are doing very well.

How long this trend can last is anyone's guess.
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