Mastodawn

When stocks go up, pundits celebrate. What they don't tell you is how few people actually benefit.

When stocks rise relative to GDP per capita, 96% of the US population see their share of wealth *decrease*. It's Robin Hood in reverse.

https://economicsfromthetopdown.com/2023/10/28/when-stocks-go-up-who-benefits/

When Stocks Go Up, Who Benefits? – Economics from the Top Down

Rising stock prices clawback wealth from the poor and hand it to the rich. It's Robin Hood in reverse, and here's what it looks like in the United States.

Economics from the Top Down