[Cedar]

“This rate cut is intended to cause Americans to spend more.”

Most “regular” Americans don’t play the stock market, but invest in safe CD’s. This drop in interest earned will give them less cash to spend.

[CottonBall]

Most “regular” Americans don’t play the stock market, but invest in safe CD’s

I would guess that the majority of households have at least one 401K account and that most of those with 401K accounts have some portion of their money in the stock market.

[NVDave]

About 50% of all households in the US have some exposure to the stock market(s).

One of the problems with the claims of “low savings rate” of the US populace is that those who do “save” aren’t putting it into savings accounts, CD’s, etc. They’re investing it - and that doesn’t count as “savings” as far as the government pinheads are concerned.

[petercooper]

100 million “regular” Americans are invested in the market directly or thru pension and retirement funds.