According to a new poll from Financial Times and the Peter G Peterson Foundation, most Americans don't seem to care that much about the stock market's performance.
The Financial Times added that only 40% of those surveyed said the stock market has been going up in 2019, and 18% even said it decreased. The S&P 500 has been hovering at record highs, and the index is up 28% this year.Those who said they voted Republican were more likely to correctly say the stock market had gone up than Democrats — 58% of Republicans compared to just 25% of Democrats, respectively.
Most Americans don’t understand how their pensions are invested or how the stock market dovetails with insurance. Clearly from the financial crisis we discovered they don’t know how real estate or mortgages work, either. Trump relies on their ignorance, believing whatever he says
Most Americans can't afford to own stocks!
they care because it give the CEO an excuse not to fire employees when his stock options are up
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Source: BusinessInsider - 🏆 729. / 51 Read more »