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The margin hasn’t changed much
So that means the corporations got the same % on their sales
What you thought would happen: thing X cost the corp $10 and they sold it for $15. When it costs $20 they sell it for $25
What actually happened: it cost $20 and they sold it for $30
That’s because investors hate it when the margin goes down
What’s the source of this graph?
Noah Smith
https://twitter.com/Noahpinion/status/1790237061179650498
A twitter post isn’t a good source. Where are they getting their data from? What are “weights” in this case?