Do you care about the rich?
I know I said the rich are buying luxury items which has increased durable goods, but this does not equate to the masses doing well. However, the rich buying these items creates jobs, revenue, and cash flow into the system. The rich buy property and play the stock market so they do have their place in society; although many of you may think different. The S&P is hovering between 888 - 920 and can’t find a true direction.