Economist Mark Thornton warns of 150-year market peak, calls Fed nomination a ‘hit job' on precious metals

The article argues that the widening gap between record corporate profits and weak consumer sentiment reflects decades of monetary expansion rather than an economic paradox. It points to a distorted economy where profits can remain elevated even as households feel increasingly strained. The piece is commentary rather than fresh data, so near-term market impact is likely limited.

Analysis

The article argues that the widening gap between record corporate profits and weak consumer sentiment reflects decades of monetary expansion rather than an economic paradox. It points to a distorted economy where profits can remain elevated even as households feel increasingly strained. The piece is commentary rather than fresh data, so near-term market impact is likely limited.