- 27 Apr 2017 13:31
#14800590
Wealth is usually held by the minority, this has always been true. The stock market represents the overall health of the economy, it does not reflect the economic reality of individual citizens or even a majority of them. We are talking overall national economic situation, which is what really is important.
AFAIK wrote:The stock market represent how profitable investors consider their potential investments to be. We live in an economy where half of all resources are owned by 1% of the population and even within that 1% wealth is weighted at the top (Oxfam). The stock market's valuation is a reflection of a small minority (and the amount of QE being pumped in).
Wealth is usually held by the minority, this has always been true. The stock market represents the overall health of the economy, it does not reflect the economic reality of individual citizens or even a majority of them. We are talking overall national economic situation, which is what really is important.
Poverty is a Mind Set.