Scott Helfstein’s Post

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SVP, Head of Investment Strategy at Global X ETFs

Party on, dude! Blowout jobs number at 272k gets the headline, but there is an interesting story about the innovation economy worth noting. Corporate margins have been at record highs without significant labor force reductions. Declining costs relative to sales is likely a product of corporate investment in areas like automation and digitalization. Many of the companies tied to those themes continue to deliver strong performance. Check out Global X ETFs recent Inflection Points, The Fed vs. the Innovation Economy for more on the topic: https://lnkd.in/dTWqbrD7

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