Why does it feel like companies are thriving… while people are barely surviving? Inflation is biting, purchasing power is shrinking, yet the capital market keeps climbing. Is there a disconnect between market success and street level struggle or are they more connected than we think? This episode of Talknomics... breaks it all down in plain terms. Show: Talknomics Channel: Nairametrics TV on YouTubeshow more

Beyond d market success, have u wonder ppl who claim they are hungry fill shows n party with various designer outfit. Major hotels/motel are fully booked, esp at weekends. New Estates are fully sold out.Even BF/GF/sidechick/hookup biz is on d high.Nigerians are not being truthful

There is a stock market bubble. People are buying stocks to protect their savings from inflation. As for company profits rising, check their account receivables. Is it rising, implying it may be paper profits and it may come crashing down if there is an external shock

I think the reason it is taking a longer time for the man on the street to feel the effect of the reforms is the large inequality that exists between the rich and the poor. Nigeria is currently one of the countries with the most inequality.

The question was not answered

Dear @grok Why does it feel like companies are thriving… while people are barely surviving? Inflation is biting, purchasing power is shrinking, yet the capital market keeps climbing. Is there a disconnect between market success and street level struggle or are they more connected than we think? This episode of Talknomics breaks it all down in plain terms.

I think interest rate adjustment and the adoption of technology like AI causes the disconnect. While AI can boost capital market performance, it'll cause job losses and economic hardship 🙂

You go explain tire

Classic symptom of Dual Economies - a thriving formal economy that reaps the benefit of govt policies and rewards existing side by side with a considerably large informal economy that not only bears the brunt of poor policies but also caters for large portions of the populace.

the performing companies aren’t across all sectors

The men on set appeared even more confused than those on the streets. How the conversation digressed to investment and no particular answer provided at the end 😁