No. of Recommendations: 1
The working class does not benefit from a soaring stock market especially as their decent pay jobs with benefits have been eliminated via offshoring & automation. They have no cash to invest. They do have a political voice though.

Approximately 40% of working Americans have some sort of retirement account so they will have at least a passing emotional connection to the gains (or losses) in the market even if they are neither directly impacted nor lack the means to "add more" with ease.

Also, wealth and employment are highly correlated to voting so while those that have no cash to invest do indeed have a voice, they use it less frequently.

One might say the prevailing mood is "Alfred E Neuman."
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