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Monday, September 01, 2014

Whose Bull Market Is It?

So, who exactly is benefiting from our amazing bull market? Christian Science Monitor has the answer and it's exactly who you would expect.

As the stock market rise enters its sixth year – now becoming one of the longest bull markets in US history – it is benefiting Americans unevenly. Coming as the rest of the economy has stagnated, the boom has bolstered the fortunes of wealthy investors like Kalayjian while many other people, like Collins, have garnered no rewards at all.

It's a great piece that details exactly what our economy is like these days.

Oh, and take a look at this graphic.



















Where exactly is Obama's destruction of the stock market occurring?

1 comment:

GuardDuck said...

Where exactly is Obama's destruction of the stock market occurring?

Where exactly are people claiming this?


But since you asked.... perhaps your own post answers it for you: that despite it being the 4th longest bull market, it's effects are 'uneven' or 'unfair' or can even be called 'inequal'.

You do consider wealth inequality to be bad - correct?

So, if your chosen one has presided over a very long market which also has great wealth disparity - wouldn't you, as a fair and reflective thinker, have to conclude that he has failed - or perhaps even broken the market?