Join Peter and Charlie on Episode 21 of Signal or Noise as they delve into the contentious issue of minimum wage — they may not see eye to eye, but they both agree a $50 per hour minimum wage isn’t the answer. They also discuss lessons investors can take away from Japan’s first all-time market high since 1989 and have a candid discussion around the great retirement wave. Lastly, Peter and Charlie explore record market concentration and consider whether this is a signal or merely a sign of the continued dominance of large caps over small caps.