Thursday, July 13, 2017

So what if Stock Market rises, it does not make my life improve at all

Conversation on Facebook
Am I Right? If the stock market is doing well, it's not necessarily Americans who are benefiting, that any wealthy person in the world can buy stock in our public corporations? So a stock market rise is no indicator of an improvement of life in the USA? Am i correct in that?
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Jaye Ramsey Sutter We are still on Obama's economy. When that isn't carrying us when the fiscal year ends we will feel a jolt. Good. When the economy tanks it may mean Trump is out. But I doubt it. The Republicans don't care about is idiocy.

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Virginia Edith Pickles There used to be a link between the stock market and the economy for ordinary Americans. Not anymore.

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Kay Ebeling If the stock market goes up, many Americans get a few thousand dollars in a quarterly dividend check, and billionaires get several hundred thousand dollars more in their dividend checks, which now are taxed at a lower rate. And people like me who never buy stocks see no change in my life, except my neighbors now have even more money than i do than they used to.

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Jaye Ramsey Sutter Most Americans have no stock investments.

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Kay Ebeling So Republicans AND Democrats have to stop siting the stock market rise as a sign that Americans are seeing any improvement in their lives.

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Virginia Edith Pickles I bought an S and P 500 fund in December but there were so many Russian connection stories about Trump that I got nervous and sold it a few weeks later. Maybe I should have held onto it longer.

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Eva Galvin No, the stock market has been improving on the promise of going away with regulatory power - and it is happening. Loosening monetary laws as well, just as attractive for investors and traders. Net neutrality is becoming a thing of the past - another re...See More

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Gerald L. Campbell Precisely right, Kay Ebeling. It might even be inverse. In the late 1970s, the Small Business Subcommittee in the U.S. House of Representatives held hearings on job creation. Much came out of it but what stuck in my mind was that over 90% of new jobs created were created by small businesses. Only 10%, or less, of new jobs created were created by large corporations. It is most likely worse today, given the impact of economic globalization.

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Richard Mitchell There are corporations that contribute little or nothing to improvement of life. Private prisons, Monsanto, volume opioid producers, etc.

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John Stilley I could be wrong, but I think the largest money in the market for ordinary Americans is in their IRA and pension funds.

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Perry R. Obray Most people probably own little or no stocks. If that is true, stock market value means very little financially to the average person. BUT, toilet scrubbing and lawn mowing jobs may rise with the value of stocks. I know a lot of people in great neighborhoods who scrub toilets and mow lawns for a living.

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Posted by Kay Ebeling
rocking

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