S&P 500 Rallying 206% Beats Wage Growth by Most in Five Decades
Traders work on the floor of the New York Stock Exchange.
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Being an American worker with no stake in the equity market has, by one measure at least, seldom been costlier.
Even though wages are improving, the rate of growth in what companies pay employees pales in comparison to what stocks have handed investors over the last six years. In fact, with equities rising 20 percent annually and wages up 2 percent, the gap has never been wider in any bull market since 1966.