Analysis: The simple thing Trump doesn't get about the stock market

New York America's booming stock market is a flawed yardstick for measuring Main Street's recovery from the pandemic.

But that doesn't stop President Donald Trump from repeatedly pointing to the V-shaped rebound on Wall Street as proof that most Americans are doing well again."Stocks are owned by everybody," Trump said during Tuesday's town hall on ABC."Look, we're having a tremendous thing in the stock market, and that's good for everybody, but people that aren't rich own stock and they have 401's."In truth, millions of Americans can't feel the stock market boom.

ChristineRomans It’s an indicator for those so ignorant ... same as a package of hotdogs is an indicator ignorant asses! I forgot ... I should track something like that to express our nations well doing ,?

ChristineRomans The stock market is very important and it also is a sign of how the country is doing! This president has had the best economy 'ever' and that's for everyone! Bringing back companies with jobs that Biden and Obama sent to other countries hurting the American people!😝

ChristineRomans He means every millionaire like him and his family

ChristineRomans Stocks are in your retirement funds...and are freely traded. ANYONE can purchase them. A rising tide that does in fact lift all boats.

ChristineRomans Out for touch with the common person. Lives in his own bubble and dosent care bout anyone outside of off

ChristineRomans

ChristineRomans On specific issues Trump has a strong lead among respondents on taxes and business regulation, but Biden has a growing lead on the issue of trade, job creation and reviving the economy from the virus shutdown

ChristineRomans POTUS, aka Marie Antoinette, with his GOP enablers are saying: LET THEM EAT STOCKS AND BONDS TrumpLied200KDied RawStory JoeMSNBC JoeBiden NicolleDWallace jaketapper DavidMuir

ChristineRomans Everyone understands that nothing is all. Stop fact checking hyperbole.

ChristineRomans Interesting.

ChristineRomans Thank you Christine👍🏼

ChristineRomans Stocks were real popular before the crash.

ChristineRomans If you want money you have to work hard.

ChristineRomans I want to say first that I disagree with Trump on all levels, but you are misleading your viewers with the data you’re showing. Families own stocks when they’re invested in their retirement plans. They don’t own individual stocks but they own them in a mutual fund.

ChristineRomans Strong stock market makes companies prone to hiring and spending on capital project, so he’s right.

ChristineRomans That statement seriously reinforces how completely out of touch trump is with most Americans. Not that he cares.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court filing: TikTok US employees can still get paid even with app ban - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Asian stocks head higher on China data, markets eye Fed meetingAsian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines.
Source: Reuters - 🏆 2. / 97 Read more »

Nasdaq, tech stocks coming out of correction: Here's what recent market history says about rebound lastingThe Nasdaq Composite Index hit a correction this month but has bounced back, with big tech stocks like Apple and Tesla rising again. Recent market history says sudden Nasdaq selloffs don't last. I will not read your article because history tells us nothing !! today and everyday , everybody should be buying stocks handover fist!! only losers sell !! Good advice sell and then put your money in the bank and earn 0.01% !!!
Source: CNBC - 🏆 12. / 72 Read more »