Quote:
|
Originally Posted by Guest
Sold my CAH stock at $65 dollars a share in 2003. Don't know anything about court cases.
The article did mention that rising stock prices encourages individual and corporate spending which benefits all of us with with job growth.
Sent from my SM-T310 using Tapatalk
|
The theme of the article seemed to indicate that the boom helped the top 90% mostly. The part that you are referring to, seemed to be a very minute figment of the article. But, you are correct there was that little tidbit of confidence.
""Any boom in the stock market is going to pass by the great majority of Americans," Wolff said."
"The Dow's 23 percent surge over the past year has benefited mostly investors who were already well-off."
And I found this little point to be interesting: "The proportion of Americans with retirement accounts actually declined slightly from 2010 to 2013 — from 50.4 percent to 49.2 percent."
I'm not disagreeing with the article. It just seemed to be mostly downplaying the stock market surge. And I may be looking at it wrong. I admit that.