More than one-third of Americans who work full-time have no access to pensions or retirement accounts such as 401(k)s that derive their value from financial ass

More than one-third of Americans who work full-time have no access to pensions or retirement accounts such as 401(k)s that derive their value from financial assets like stocks and bonds. The percentage of workers covered by generous defined-benefit pension plans has declined from 62% in 1983 to 17% by 2016. While some economists consider an increase in the stock market to have a "wealth effect" that increases economic growth, economists like Former Dallas Federal Reserve Bank President Richard Fisher believe those effects are limited. Make no mistake the stock market only benefits the upper class, and quite disproportionately so. https://www.nytimes.com/2018/01/22/opinion/bull-stock-market.html https://www.nytimes.com/2018/01/22/opinion/bull-stock-market...