Dow Hits 50,000 — But Who Really Benefits? This week, the Dow Jones Industrial Average crossed 50,000 for the first time in history. Treasury Secretary Scott Bessent called it proof the “Trump economy” is delivering. But let’s not confuse speculative highs with economic health. Stock market records benefit: Institutional investors Hedge funds Corporate executives with stock-based pay Meanwhile, real wages — adjusted for inflation — are still well below pre-2020 levels. And the price of essentials like food, housing, and energy? Still sky-high for the average American. Inflation Cooling… But Only on Paper Bessent claims inflation is “easing toward the Fed’s 2% target.” That’s great for bond markets and financial press releases — but meaningless for households who already saw…

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