Health Populi July 12, 2019
“The Dow Jones Industrial Average was on the brink of claiming a thousand-point milestone for the first time since January 2018, ending the longest period without crossing such a psychologically significant level since the blue-chip benchmark crossed the 19,000 threshold three weeks after Donald Trump was elected president in November 2016,” Mark DeCambre of MarketWatch wrote yesterday morning.
He noted that President Trump, “tweeted a simple call-out to the intraday record: ‘Dow just hit 27,000 for first time EVER!’” clipped here from Twitter.
Indeed, the U.S. macro-economy has nearly full employment and the stock market hit a high mark this week.
But even with such strong national statistics, about one-half of Americans feel their personal economic condition is getting worse,...
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