We look at the 2nd Quarter GDP Growth and July Job Numbers. Furthermore, we look at other indicators for the overall health of the US Economy than just saying “The Stock Market Is Up”.
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Bureau of Labor July Job Numbers: https://www.bls.gov/news.release/empsit.nr0.htm
Bureau of Labor Unemployment Rate: https://www.bls.gov/news.release/empsit.t15.htm
US Adult Stock Ownership: https://www.financialsamurai.com/wp-content/uploads/2017/08/what-percentage-of-americans-own-stocks.png
US Homer Ownership Rate: https://tradingeconomics.com/united-states/home-ownership-rate
It’s The Stock Market Stupid