If the economy is so bad, why are stock markets booming?

Money & Macro October 21, 2025
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Advertising sponsor: Start browsing securely from anywhere! Check out Proton Pass and Proton Drive for a safer, faster, and more open internet using my link 👇🏻 Proton Drive ➡️ http://proton.me/moneymacro Proton Pass ➡️ http://proton.me/pass/moneymacro If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: I've linked my sources in the blog that goes along with this video. Links are in the text. https://www.moneymacro.rocks/blog Timestamps: 00:00 Intro 02:17 How did we get here? 09:16 Why did the story of big Firm competition fail? 09:23 Sponsor 14:05 Are giant monopolies actually making our economies worse? 16:32 What can we do to fix our economies? Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Written by Alejandro Iribas De La Puerta and Dr. Joeri Schasfoort Edited by VNKR Studies