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SECTOR ETFXRTXLYBEARISHIn depth · 4/5

No single ticker was named. Retail & e-commerce ETFs are one way for retail investors to get exposure. Not a recommendation.

Record-high profit margins flattered by wealth effect

The host argued that current S&P 500 profit margins above 12% are structurally high but may be artificially boosted by a wealth effect from soaring asset prices, which could reverse.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Record-high profit margins flattered by wealth effect · Zortix