Always beware the motivations of someone whose main focus is the Markets.
He will not have best interests of Main Strret in mind as tries to convince you of “truth”.
RE: Always beware the motivations of someone whose main focus is the Markets.
As of recent data, approximately 58% of U.S. families own stocks either directly or indirectly through pensions, IRAs, 401(k)s, or mutual funds. Direct ownership of stocks is less common, with only about 21% of families holding stocks directly. But still THAT’s MORE THAN HALF of Americans.
See here:
https://usafacts.org/articles/what-percentage-of-americans-own-stock/
Like it or not the markets DO affect main streeters.