Stephanie Ruhle Profile picture
Host of @11thhour on @msnbc M-F 11PM EST, @nbcnews Snr Business Analyst, former: @Bloombergtv, Deutsche Bank, CSFB. L❤️ver of odd #s & even playing fields

Aug 27, 2020, 5 tweets

THREAD:

Stocks are soaring right now.
Expect Trump to lean into this - and remember....it is NOT just rich people who own stocks.

Think of those with PUBLIC PENSIONS - that’s firefighters, teachers, cops...they CARE.
Pension Funds own more stocks than anyone else.

Trump is loving the stock market right now - and he will definitely warn people that without him, this “historic gains will be gone”.

The STOCK MARKET is NOT the economy - but there are a lot more people than you realize who REALLY care about the stock market and they are willing to forgive many other things to protect their nest eggs.

— Not so fun fact —
Big business crushing small business is HELPING stocks.

Kudlow raved about “retail sales boom”.... he is right, retail sales are recovering.

However -31% of retail sales went to just 6 ENORMOUS RETAILERS...

Our road to recovery is leaving behind a mainstreet of empty storefronts and leading to a Walmart superstore.

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