The American household just took an 81% margin cut. Wall Street hasn’t priced it in
via bls.gov
Short excerpt below. Read at the original source.
The American household did not take a traditional pay cut. It took something Wall Street should understand even better: an 81% margin cut. Since the initiation of the geopolitical conflict with Iran and the subsequent closure of the Strait of Hormuz in late February 2026, the global economic narrative has been fixated on headline inflation, […]