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During Trump 1.0, it seemed like the only goal of the administration was to make sure the stock market did well. That worked until a true crisis came along and it all fell apart. But, during that same period of high flying stocks, there was broad dissatisfaction in the economy in general. We are seeing that pattern all over again as consumer confidence sinks and the job markets get soft under Trump 2.0.
Trickle down economics only works for the rich.
The stock market is NOT the economy.
I’m glad the market is doing well, since I can count myself in the top 10%, but I would rather see slower more moderate growth in the stock market but make sure the whole economy does better.