Monday, December 30, 2013

What goes up must come down. It is only the natural way of things.

By STEVEN RATTNER
Published: December 30, 2013

...Not only did trends (click here) of recent years continue in 2013 – particularly the diverging fortunes of the rich and everyone else — but in some ways they accelerated. The stock market, as measured by the Standard & Poor’s index, was up a stunning 32 percent (through Dec. 27). Corporate profits rose to a record $2.1 trillion. Meanwhile, incomes remained nearly flat and jobs tallies grew slowly....