Despite record-breaking numbers on Wall Street, University of Michigan professor Justin Wolfers is urging Americans to look past the headlines, slamming the media's fixation on S&P 500 highs as “economic illiteracy.”The Global Context GapSpeaking to MS NOW, Wolfers argued that celebrating the U.S. stock market’s recent performance ignores a critical global reality.While the S&P 500 has risen, Wolfers pointed out that global markets excluding the U.S. have surged by 30% over the past year. By comparison, Ame ...