You’re not alone in thinking that. The US economy is growing but all of that is allocated to 5 companies, and in any case the owners of that equity aren’t a majority median income earners. We’ve essentially decoupled the economic health of the common person, who would actually spend on the bubble survivors, from the overall “strength” of the US economy.
You’re not alone in thinking that. The US economy is growing but all of that is allocated to 5 companies, and in any case the owners of that equity aren’t a majority median income earners. We’ve essentially decoupled the economic health of the common person, who would actually spend on the bubble survivors, from the overall “strength” of the US economy.
An interesting discussion on that thought about halfway through this - https://www.ft.com/content/bd6545dc-41b7-42db-af77-b2f32a1c9ae1