Source: CounterPunch
by Dean Baker
“Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew corn or wheat, but it’s hard to see why anyone else would be celebrating. This is the same story with the stock market, even though shareholders are a somewhat larger share of the population than corn or wheat farmers. But the basic principle is the same.” (04/21/26)
https://www.counterpunch.org/2026/04/21/the-stock-market-is-not-your-friend/