Post

Conversation

Josh Barro
@jbarro
61% of American adults own stocks or mutual funds. Exposure to the stock market is one of the most common financial characteristics in the electorate— more common than having a mortgage or receiving Social Security. And the tariffs’ economic damage isn’t limited to stock prices.
Quote
Charles Gasparino
@CGasparino
I cover markets and economics. I will always provide the news straight on this tariff stuff. But if you think what is happening now will upend the @realDonaldTrump presidency consider this: Working class, God fearing Americans love him. They are legion and they form his base and
Show more
75K
Josh Barro
@jbarro
You wouldn’t say “regular people don’t care about mortgage rates” just because a bare majority of Americans don’t have a mortgage. It’s even dumber with regard to stock prices.
13K
Josh Barro
@jbarro
60% of Americans aged 16 and older are employed, so owning stock is even slightly more common than having a job.
11.6K
Views
David Watson 🥑
Post your reply

Terry
@terrybythebay
Most people aren’t day traders and aren’t affected by volatility in the market. That, I believe, is why most people couldn’t care less.
238
David Welker
@welkerlaw
Josh, do you think the AMOUNT they have in stocks matters? Hmm..... Do you think maybe you are providing very partial information here?
37
Fred Bauer
@fredbauerblog
Middle- and working-class families literally have trillions of dollars of exposure to the stock market through their retirement/pension programs.
Quote
Fred Bauer
@fredbauerblog
Replying to @fredbauerblog
According to the Federal Reserve, almost 53% of all defined-benefit pension wealth is held by households in the 50th to 90th percentile. That's almost $10 trillion dollars. And many pensions are heavily invested in the stock market in order to make their promised payouts.
Show more
229
B
@wastetime
Sure but as you know the job losses will hurt a lot more than the stock losses
28
JL Sherman
@jsherman39
The way things are going the 60% of Americans who own stock, will not be paying income taxes in 2025
5
Gold Royalty
@GoldRoyalty1
Why would someone under 35 want high stock prices? They wouldn't. Now certainly people over 50 should rightly be very concerned. The 60% is not monolithic.
2
Lukamagnota
@Lukamagnot67871
Exactly. the stock market isnt the only damage here. We all know price hikes are coming very soon. The same ppl who primary complaint for 4 years was high prices are now saying to stop bitching about prices being even higher than what they bitched about. Male or male sense
70