Comment Re:Economic reasons (Score 1) 384
Stock market is a zero-sum game (wealth transfer vehicle).
That doesn't make sense. Suppose a simple stock market with only a single share of a single company. Alice buys it at $1, holds it for a year, and then sells it to Bob for $2. After another year Bob sells it to Carol for $3. Alice made $1 profit, Bob made $1 profit, and Carol has an asset that is worth $3. Where's the zero sum? Is Carol's stock really worth $-2?? You seem to accept that the economy can grow overall. If companies can grow, then so can the stock market.