> A significant minority of people have nothing in the stock market whatsoever
Don't you mean "majority" instead of "minority" there? Most people worldwide (I won't speak for the US, maybe I'm wrong there) don't own anything on any stock market at all.
Don't you mean "majority" instead of "minority" there? Most people worldwide (I won't speak for the US, maybe I'm wrong there) don't own anything on any stock market at all.