Roaring 20’s or 1930’s? Markets Are Ignoring Global Economic Meltdown
The economy and the stock market are largely disconnected. For some people, life is quite similar. No major changes. Still employed, same hours, same scenario. But for millions, without the ballooning safety net provided by the government, they would starve. The stock market has risen considerably which of course is largely owned by a smaller group of people. Those people are enjoying the appreciation of their assets while the bulk of the population struggles to persist.