The average person doesn't care about the stock market. Think when you were young. My parents don't know anything about it. Average person cares about jobs and moving up and what their salary looks like. I don't believe the whole stock market directly influencesn jobs thing anymore. It's more of a medium influence. If companies are going to be forced to move back to America it will outweigh the stock market going up 150% in the past 5 months and then dropping 20 or 30%.
The average Joe is not as ignorant as you think. The average Joe knows stock prices are tied to their retirement fund and the propect of getting a raise, a bonus, or getting laid off. They might not be as autistic as we are, but they are aware of how stock market movements impact them at a broad level.
Sure the dumbest of the dumb don't understand basic economics, but if they're over 30 they probably remember how the GFC ruined everything for a few years.
90% of normal people don't know anything about the market dude. I stopped believing in the fairy tale of market go up means more job more success. It's bullshit. There is a light correlation yes, but not a complete one. Market has been up 150 percent over the past 5 years when the average is 8 plus the dividend. Only delusional people are having a melt down about market not go up straight line derp herp oh no my retirement guys!! That's the truth, keep up the down voted people. I only like saying the truth.
Brother, a literal minor understands the stock market better then you. If a business is successful, naturally people will have more secure, possibly higher paying, jobs. How do you think retirement funds get formed out of curiosity? Tax. You know how tax works? If more people and businesses are successful, and making more more, they get more money taken from taxes. More taxes means that social security benefits, among other things, boost, and that affects retirement.
Explain why the past 2 years the market has been on an absolute rip but the job market has been horrific then.. Please I'm waiting. Here is the thing, an expert can understand truth more than the assumptions of a novice
Explain why its still dropping genius. We aren't getting more or better jobs, the school my parents work at just got closed down, and this isn't just my school district. Because the stock market is shit, PURRS are failing, and the state had to pull 6 million dollars from our school district, which is affecting jobs and the ability to get raises.
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u/AdSuspicious8005 1d ago
The average person doesn't care about the stock market. Think when you were young. My parents don't know anything about it. Average person cares about jobs and moving up and what their salary looks like. I don't believe the whole stock market directly influencesn jobs thing anymore. It's more of a medium influence. If companies are going to be forced to move back to America it will outweigh the stock market going up 150% in the past 5 months and then dropping 20 or 30%.