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But we saved everything 🙂.
Peter Berezin highlights that the rise in corporate profit margins on Wall Street has been primarily attributable to large cap companies.
He refers to this as a K-shaped economy, suggesting a significant divergence in performance between large and other firms.
Berezin previously reported that his model issued an emergency sell signal the same day as the SpaceX IPO. He has also noted the Chicago Fed's estimate of a 1.3% inflation-adjusted drop in U.S. retail sales for May. Both events were cited alongside concerns about shifts in spending and market activity.