Stars who influenced the stock market

Celebrities who dramatically affected our economy

Stars Insider

31/05/21 | StarsInsider

CELEBRITY Economy

Our economy is a delicate system. It is based on how corporations supply, how consumers demand, and all the things that influence these two factors. An ever-increasing component of importance has been the role that famous people play in influencing consumer demand. When a celebrity sponsors a product, it instantly makes us want it a little bit more. With the omnipotence of social media, it is now possible to follow not just what celebs buy, but what they invest in and what their thoughts are.

If a celebrity has a large online following, their opinion has the ability to shift millions of other people's opinions on the same product. Consequently, they may choose to buy or sell it. In the past 10 years, celebrities have been making the stock market fluctuate as it has never done before. From Kendall Jenner's Pepsi scandal to Donald Trump's general misbehavior, click through to learn more.

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