Mark Moss: The Economy is Collapsing, So Why are the Markets Booming?

Look around. If you’re paying attention, you feel it. The headlines whisper of layoffs. Friends talk about maxed-out credit cards and the startling rise in loan delinquencies. The savings that many built up are dwindling, replaced by a gnawing sense of economic anxiety. By all traditional measures, the real-world economy—the one where we buy groceries, pay rent, and work our jobs—is showing clear signs of distress. Now, open your financial app. The S&P 500 is hitting record highs. The Nasdaq is soaring. It’s a paradox that defies logic. How can Main Street be struggling while Wall Street is celebrating? According…