[RhysU]

> The easy take would be that a lot of people are finding out how the other half lives...

...and that the market has already priced in the uncertainty. So long as the expected value improves, the markets can weather a long tail of suffering absent political upheaval that might change the game.

The media has spent years trumpeting that things are broken and precarious. That many folks cannot pay their mobile phone bills or cable bills or credit card bills at the first hint of a downturn is not news.