Quick Reminder That Progressives Have to be Prepared to See the Market Tank

We know that Donald Trump is obsessed with the stock market, seeing it as the main measure of the economys performance under his tenure. Unfortunately, many non-Trump supporters, who dont own lots of stock, seem to share his concern.

Lets be clear what the stock market measures. It is not designed to measure the well-being of a typical household or even the overall growth of the economy. Stock prices are ostensibly telling us the expected value of the future flow of profits to a company....