But that doesn’t stop President Donald Trump from repeatedly pointing to the V-shaped rebound on Wall Street as proof that most Americans are doing well again. “Stocks are owned by everybody,” Trump said during Tuesday’s town hall on ABC. “Look, we’re having a tremendous thing in the stock market, and that’s good for everybody, but people that aren’t rich own stock and they have 401(k)’s.” In truth, millions of Americans can’t feel the stock market boom. Just over half (52%) of American families have some level of investment in the market, mostly through 401ks and other retirement accounts, according to the Pew Research Center. Only 14% of households are directly invested in the market. “Holding up the stock market as the barometer for how

Read More At Article Source | Article Attribution