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Well... the JIG IS UP !! The Markets showed JUST how concerned they are about the Tarrifs... The SOCK market BOOMED !!
10 Apr 2025 1:16 am
"Most People Don’t Care About The Markets
The wealthiest 10% of Americans own 93% of all stocks. Only 21% of American families own any shares directly. Another 40% own at least some shares indirectly through retirement programs, but their holdings are tiny – Nearly insignificant. Who actually cares about stocks? The vast majority of the populace does not. They might see stock indexes as an indicator of economic stability (this is an incorrect assumption), but they aren’t scrambling to adjust their portfolios right now.
In terms of market players, global corporations and banks benefit most from government and central bank interference in equities, not Joe Dirt or Jane Dirt just scraping by month-to-month, hoping for a modest house and a tiny stipend in a 401K. Is this a terrible indictment of “capitalism” and free markets? No. My point is that most of the people freaking out about tariffs and the markets are generally people who have large investments, or a political agenda."
https://www.zerohedge.com/economics/tar ... -globalism
The wealthiest 10% of Americans own 93% of all stocks. Only 21% of American families own any shares directly. Another 40% own at least some shares indirectly through retirement programs, but their holdings are tiny – Nearly insignificant. Who actually cares about stocks? The vast majority of the populace does not. They might see stock indexes as an indicator of economic stability (this is an incorrect assumption), but they aren’t scrambling to adjust their portfolios right now.
In terms of market players, global corporations and banks benefit most from government and central bank interference in equities, not Joe Dirt or Jane Dirt just scraping by month-to-month, hoping for a modest house and a tiny stipend in a 401K. Is this a terrible indictment of “capitalism” and free markets? No. My point is that most of the people freaking out about tariffs and the markets are generally people who have large investments, or a political agenda."
https://www.zerohedge.com/economics/tar ... -globalism