S&P 500 Breaks Record High Amid Widespread Participation
The S&P 500 has reached a new record high, and it's not just the wealthy who are participating in the stock market.
A recent survey found that 156.4 million American adults have invested in the S&P 500, debunking the notion that only the wealthy elite can participate in the stock market.
This news is a blow to those who were predicting a downturn in the markets due to inflation concerns, particularly with the appointment of new Fed head Kevin Warsh.