relative to

But the S&P 500’s valuation relative to its components’ expected profits is currently high, and the index’s gain is more concentrated to a small number of companies than it has been at any time for at least 53 years, according to analysts at Ned Davis Research.

Morgan’s Duverce believes it will be difficult to grow its already low consumer adoption relative to competitors.

“Its more limited consumer features/offerings relative to leading competitors” will lead Anthropic to ”struggle to capture meaningful consumer share,” Duverce wrote.

It requires large stores to increase the number of employees relative to self-checkout stands and also puts a limit on the number of items and types of goods that can be rung up at self-checkout.

The Committee for a Responsible Federal Budget last year apportioned 37% of the blame for the rise in debt relative to GDP since 2001 to major tax cuts, 33% to major spending, and 28% to recession responses.