baggachipz@sh.itjust.works to Political Memes@lemmy.world · 8 months agoIt's the economy, stupidsh.itjust.worksexternal-linkmessage-square12fedilinkarrow-up1194arrow-down116
arrow-up1178arrow-down1external-linkIt's the economy, stupidsh.itjust.worksbaggachipz@sh.itjust.works to Political Memes@lemmy.world · 8 months agomessage-square12fedilink
minus-squareWhatAmLemmy@lemmy.worldlinkfedilinkEnglisharrow-up36arrow-down5·edit-28 months agoIt’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.
It’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.