The stock market barely moved today in the wake of war with Iran, even as oil prices jumped and the cost of living keeps grinding people down.

That should worry us.

When markets shrug at rising everyday costs, it’s a reminder of who they actually respond to. Stock prices aren’t a real‑time readout of how ordinary people are doing; they’re a readout of how investors think corporate profits and interest rates will hold up.

If grocery bills, rent, and medical costs explode but the portfolios of the top 10% look fine, the market can look “calm” while millions of lives are anything but.

Today’s flat market isn’t a sign that everything is okay. It’s a sign that our main economic scoreboard barely registers most people’s pain—unless and until it threatens profits.

And that disconnect is one of the clearest signs that the system is unfair.