I, more humbly, disagree, Buckeye.
More people today have 401s than ever. It’s in the pocketbook, and makes them happy for their present and future.
No offense.
No offense taken. It’s a topic on which reasonable people can reasonably disagree.
I get your point about 401K’s. Mine is that the Dow can make gains every day and even return to it’s pre-COVID level and that is going to do NOTHING to help the thousands of salon, restaurant and gym owners on Main Street whose livelihoods have effectively been ruined.
The new totalitarianism is killing off main street businesses, leaving the behemoths on the exchanges to make a killing.
Given what has taken place it is amazing that the entire financial system hasn’t totally collapsed. I think it shows the market knows the shutdowns are manufactured as a means to take out the President.