Topic: stock-market
Recession Scorecard: Fact-Checking the Economic Divergence
Most consumer and household indicators show significant stress while the stock market hits record highs — but 'every single indicator' overstates the case.
From Spice Ships to Slot Machines: How the Stock Market Lost Its Way
The stock market was built to crowdfund dangerous ocean voyages. Four centuries later, half of S&P options expire the same day, buybacks top a trillion dollars a year, and Congress beats the index.