On 26 January 2008, major employers in the USA announced 60,000 jobs
would be lost. The market responded positively, as it often
does. The S&P 500 gained 0.56%.
Clearly the best thing that businesses could do would be to fire
everyone. A quick Google search indicates that there are about
150 million jobs in the USA. If everyone lost their jobs, the
S&P should gain 1,400%.
At that point, anyone with just $35,000 in a retirement fund could
retire tomorrow with a half-million dollars, assuming their fund did as
well as the S&P 500.
Oh, but if nobody were working, that half-million dollars would not do
any good. No jobs = no products.