After years of declining raw-material prices, clothes firms such as Gap announced profit warnings and saw their shares whacked.

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Traders will be watching Apple closely today, with the stock often seeing some profit taking following post-earnings gap ups.

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It would be interesting to see the gap not only in revenue but in profit when comparing the sales of physical versus digital.

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This includes money given to the Charter School Growth Fund, a non-profit venture capital fund, to which another billionaire, Gap co-founder Doris Fisher, has also contributed.

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Hoping to profit from any slipup will be Arsenal, which closed the gap on its North London rival with a 2-1 victory at West Brom on Saturday.

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So as income inequality grew, the government propped up spending by promoting easy credit for less wealthy Americans, and much of the profit from that easy credit fed the wealth of the richest, widening the gap between rich and poor yet further.

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