That systemically, for decades, this economy has not been working. 10% of people own two thirds the wealth. Half the consumer spending is that top 10%. This thing, the Meg's, the whole. The stock market is seven damn stocks, maybe ten. But Primarily seven, mostly in California. And so that reality, he burst in a way that pierced me even more than all the intellectual punditry, the things you've written and other people have written. (19:50–19:56)
CLAIM
Asserts that the stock market is primarily driven by seven stocks, mostly in California.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.