Idk who needs to hear this, but the Stock Market is NOT EVEN CLOSE to being an accurate indicator of every day American household wealth. When Trump touts the market and acts like he's doing EVERYONE a favor, here are some things to consider.

About half of Americans DO NOT OWN ANY stocks (individual stocks or in a 401k). Of the people that do own stocks, 87% is owned by the top 10%, 52% of which is owned by the top 1%.

Side note: this contributes to growing income and wealth inequality in this country which disproportionately impacts Black and Hispanic people. I could also go on a tangent about the importance of investing, but let's just close out this thread with some final thoughts.

Summary:
1. The Stock market in theory shows the value of the underlying publicly traded companies which will likely grow over time *Insert "Stonks Only Go Up" meme*, but has a MINIMAL TO ZERO direct wealth impact on the majority of Americans.

Also, most major public companies generate substantial revenue outside the US so increases in stock market due to revenue and earnings is not representative of only the US economy.

2. The underlying health of the economy and it's impact on every day Americans is too complex to attribute to one measure, but can be observed through a culmination of manufacturing indexes, jobless claims, unemployment rates, wage growth, consumer spending, etc.

3. Donny likes to hype shit up that has no direct benefit to us, but has and will continue to institute many policies that will directly hurt those less privileged (immigration, healthcare, abortion, etc). I urge everyone to PLEASE take a step back and see the big picture.

This is my first and last political tweet of this election.