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Just 7 companies are carrying the S&P 500 in 2023
Many of 2022's biggest losses have been reversed in 2023, though the rally has been narrow and is likely to be short-lived.
![www.spglobal.com](https://www.spglobal.com/_assets/images/icons/spg_favicon_wht_192x192.png)
Here is the real American economy for most people
Homes "unaffordable" in 99% of nation for average American
![www.cbsnews.com](https://assets2.cbsnewsstatic.com/hub/i/r/2023/07/20/25eaae7e-6022-4850-ba7e-245760220d4e/thumbnail/1200x630/910ba0445a983263016300571e678d01/gettyimages-80923129.jpg?v=bc37a4cad39dacb7e4b48f11b71f691b)
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
![www.cbsnews.com](https://www.cbsnews.com/fly/bundles/cbsnewscore/icons/icon-32x32.png?v=bc37a4cad39dacb7e4b48f11b71f691b)
Under Biden we see that inflation, high interest rates on home loans, and high prices of homes are affecting the American middle-class. More Americans than ever cannot reach the middle-class today. The average price of a home has doubled under Biden compared to what it was under Trump.
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