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.