ETA!!!
Sorry to offend so many people with this OLD meme in a MEME community!
Feel free to post more recent content!
this post was submitted on 03 Sep 2025
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The stock market is not economic security or mobility, housing security, quality of life or education, standard of living ... or everything else that actually matters to 99% of the human population.
The stock market isn't even "the economy". It's literally just an indicator of how much more wealthy the wealthiest have grown over a period of time.
How much pretend wealth exists as measured by recent trades of stock.
It is divorced from reality and fundamentals and the intrinsic value is a fraction of market caps.
The indexes measure investor confidence in future stock price movements.