I think it is a great idea for everyone to keep an eye on the stock market. This is because you can see for yourself if the economy is doing poorly which has been the case lately, or it is doing well.
Watching the stock market even if your not an invester of any kind, will give you a heads up on what the future may hold.
If you have been watching the market recently you can see that things are beginning to pick up, which means that things may start turning around for our economy.
Now in the recent past if you were watching the market you could have seen just how badly things were getting.
I dont always get the chance to watch and see how the market is doing, though I do try to as often as I possibly can. This way I can get a decent idea of what the future may hold. Of course this isnt 100% guarenteed but at least its an idea.
If you notice things are declining and starting to do poorly, then you may want to take steps to help yourself save money, and if things are doing well then you may want to take a chance and invest some money to help you in the future.