3 charts: Why the stock market sell-off won’t impact Americans right away
Stocks plunged last week over escalating fears of the coronavirus’ spread and the damage it could inflict on global economies. The market sell-off erased $6 trillion of market value, according to S&P Dow Jones Indices. Three charts illustrate why the stock market bears little short-term impact on most people’s lives. Most Americans don’t own stock, and those that do skew wealthier. And under half of families have retirement accounts. Visit Business Insider’s homepage for more stories. Stocks
Stocks plunged last week over escalating fears of the coronavirus’ spread and the damage it could inflict on global economies. The market sell-off erased $6 trillion of market value, according to S&P Dow Jones Indices. Three charts illustrate why the stock market bears little short-term impact on most people’s lives. Most Americans don’t own stock, and those that do skew wealthier. And under half of families have retirement accounts. Visit Business Insider’s homepage for more stories. Stocks
Read in Business Insider: https://apple.news/AYER9XpqAQ4mPkJsludhzwg
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