Did the billionaires put their huge taxcuts into the stock market?

[lastlib]

4. The economy is really only down for the working class--us....

The wealthy are making out literally like bandits. Yeah, they are paying the higher prices for basic stuff that the rest are---but their margins are greater. IOW, they have more of a cushion against the bad economy than the rest of us.

The stock market is a reflection of expected earnings. When it's up, investors think the companies' earnings are going to grow. Those earnings come from people buying stuff (revenue) and lower costs. At some point, reducing labor cost is the only sure way to lower the costs. In that sense, the stock market does affect the average person's economy--and vice versa.