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And the economy is not doing bad by most measures. The stock market is only one component of the economy. Unemployment is at near record lows, there are 2 job o
by jjeaff 4y ago
And the economy is not doing bad by most measures. The stock market is only one component of the economy. Unemployment is at near record lows, there are 2 job openings for every job seeker. Wages are up. Profits are up for many industries.
If all your assets are equities, you might not feel like you are doing that well. If your assets are in real estate, you are probably richer than you've ever been.
- CogitoCogito 4y agoI personally wouldn't consider the huge increase in values of real estate an indicator of a healthy economy.