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The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices

Fortune Jun 26, 2026 3h ago ⏱ 1 min read 👁 2 views
The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices
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📋 Article Summary
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"Given how important the well-to-do are to spending and the economy, and the importance of surging stock prices to the well-to-do, it is critical to consider the durability of the runup in stock prices." This story was reported by Fortune. For more Finance news in Kenya, stay tuned to Masaa.
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