Russ16
AH elite
People are impacted by the stock market but not all of them realize. In fact I would say that most don't realize it.That’s what CNN keeps telling everyone (and, of course they do… it’s to be expected… they’re also who told us Biden was in great shape up until the day the Ds dropped him, and now every time someone brings up their lie, they say “let’s not focus on the past.. we’re here to talk about today and the future”)…
That’s not at all what I hear and see on a daily basis though..
No one was talking about buying a new home 12 months ago…. I know several now considering a move…
I hear people talking about how not only is gas the cheapest it’s been since the last Trump administration, but also how the typical summer and holiday spikes in price didn’t really happen this year…
I hear and see people that couldnt find jobs 3 years ago (or didn’t want to work) are now working…
And ALL Americans are impacted by the stock market whether they are investors or not… corporate health is absolutely the backbone of the economy.. it drives unemployment, it drives retail pricing, it drives wages, and a host of other things that both the middle class and the labor class absolutely “feel”… the recession in the late 2000’s was driven by the stock market.. the Great Depression was driven by the stock market, etc… a bad market costs the consumer greatly… a good market makes their lives easier, whether they are trying to buy a car, find a job, or even take a vacation..
Speaking of vacations… the cost of travel in the US is up 20% since 2020 (Thanks Uncle Joe!).. and yet in 2025 the frequency of vacation travel was up almost 15% over 2024… that is a very strong indicator of people having confidence in the economy…
I don't know about where you live but where I am the discussion of prices is constant. I can afford my grocery bill but I'm shocked every time I go.