OECD report shows corporate profits contributed far more to inflation in Australia than wages - Source: media release jun 8 2023

What are your thoughts on this?

Aust Institute report and research finds that Australia's high inflation is due to high corporate profits. The media release says "in aust, corp profits reached their highest share of GDP ever in 2022".
Then says "however the rba continues to ignore the role of profits in driving prices".

In their tiktok video, the Aust Institute says "funnily enough the report did not go down well with big business and the conservative media. They seem to prefer the narrative that workers just need to wotk harder and tighten their belts". And says that the AFR requested that they walk back the report.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

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