"FACT: Most Americans don’t own any stocks. Instead of celebrating whenever the Dow Jones goes up, we need to focus on bringing investment and good jobs to the areas of this country that haven’t been part of the economic recovery."
https://www.politifact.com/california/statements/2018/sep/18/ro-khanna/what-percentage-americans-own-stocks/
As of 2019, the top 10 percent of Americans owned an average of $969,000 in stocks. The next 40 percent owned $132,000 on average. For the bottom half of families, it was just under $54,000.
We’ve seen over a 200% rise in the S&P 500 from 2009 – 2018, meaning that serious wealth has been made by the wealthiest of Americans. What’s even more astounding is that the top 1 percent of households by wealth owned nearly 38 percent of all stocks shares according to research by NYU economist Edward Wolff.
https://www.financialsamurai.com/what-percent-of-americans-own-stocks/
What is the end goal? To the make the ill-gotten gains of the wealthy/cabal grow even faster?
What am I missing? What is the strategy? Trump irks many of his supporters via twitter by reminding us constantly how poor we are and how unfortunate we are because we can't join in the celebration of Market new highs.
We all agree as the stock market grows so does the National Debt.
Even if we were to confiscate 21.6 trillion from the Vatican, Jesuits the Cabal, baby eaters, human traffickers and all the ill gotten gains etc. to pay off the debt would this not cause the stock market to crash because the 23.6 Trillion would have to be sold off to pay off the national outstanding debt?
What am I missing?