The Economic Divide Behind Record Stock Prices | Mike Green

The stock market keeps setting records, and consumer spending is holding up. For many households, though, buying a home or starting a family feels increasingly out of reach.

What holds an economy together when it works so differently depending on what people already own? Higher interest rates have added income for households with savings while making borrowing harder for those who need it. Both groups are still spending, for very different reasons.

Mike Green, CEO of Tier1 Alpha Asset Management, joins us to explain how passive investing through retirement accounts has fed this divide. He also considers whether it can last.

Views expressed in this video are the opinions of the host and the guest and do not necessarily reflect the views of The Epoch Times.