If This Economy Is So Bad – Why Is The Market Growing?

We hear every day how bad the economy is, because it is! But at the same time, the party continues on Wall Street. So, it begs the question...if this economy is so bad, why is the stock market growing?

"The reason the market has done well" said KTRH money man, Pat Shinn, "1) there's a lot of excitement about Artificial Intelligence, and 2) we've seen unprecedented fiscal stimulus from the government, the money is still flowing in."

The money is flowing in for some, but not for most.

"You say, well gosh, I'm hearing everything is bad" Shinn told KTRH, "It's not bad for everybody, for a big part things have never been better. And there's another group of people, it's never been worse."

The stock market continues to grow, just like Biden-flation.

In the meantime, if you've checked your 401k lately, you've probably seen significant growth since the start of the year.

Be sure and listen to KTRH Money Man Pat Shinn, M-F on News Radio 740 KTRH.