Do you work with a financial advisor? If so, is that advisor required to put your interest ahead of his/her own? If you are like 99% of other investors out there, you probably don’t know for sure. The vast majority of advisors are brokers or have the option to operate as a broker, and therefore don’t have to act in their client’s best interest.

One of the big themes we have seen over the past several years is capital over labor.  Corporations have seen an explosion in income while paying their workers some of the lowest wages in history. Here is a chart that shows labor as a percentage of GDP (blue) versus corporate profits as a percentage of GDP (red).