Correct.
My Tesla and SpaceX shares, which are almost all my “wealth”, only go up in value as a function of how much useful product those companies produce and service.
This means my “wealth” can only increase due to producing more products and services for the public. Moreover, anyone else who is a shareholder in Tesla and SpaceX, which incudes employees, participates in the upside of stock appreciation.
That is because I am a maker, not a taker like the Bernie Sanders type politicians of the world. They take and they’re on the take, because they cannot or will not make.
These markets are incredible blasé about the US and Iran attacking each other's nuclear and military installations in the Middle East....
Comparison of the volatility measures for oil (OVX), equities (VIX), Treasuries as a haven (MOVE) and emerging markets (VXEEM):
We should be very proud that we have a President whose prime objective is not to get into wars but to prevent wars and to get out of wars. @POTUS wants to bring about an enduring and lasting peace in Ukraine. As Secretary of State, my goal is to support peace through strength.