The stock market isn't the economy — but it's not nothing either

12/12/2025 25 min
The stock market isn't the economy — but it's not nothing either

Listen "The stock market isn't the economy — but it's not nothing either"

Episode Synopsis


While markets are mellowing a bit, three major stock indexes closed at record highs on Thursday. Reminder: The stock market is not the economy! But it still can tell us how investors — and by association, high-income Americans — are feeling about the future. In this episode, who wins when the stock market performs well. Plus: Old MacDonald has a ... drone? And we check-in with three retailers around the U.S. about the holiday shopping season.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.