S&P 500 just hit an all-time high. Meanwhile, 60% of Americans use Afterpay for groceries. First-time homebuyers have fallen to 24% from 50%.
The S&P 500 just closed above 6170. Nasdaq is over 20000. Every financial outlet is painting it as strength. But if you step away from the screen and check the wallets, it’s clear the real economy is strained. More than half of Millennials and Gen Z say they are using buy now pay later apps …