“And yet the stock market is continuing to set records.”
If I read the numbers right, the average daily volume on the DOW over the last three months is ~124 million shares.
That’s kinda low, isn’t it?
By which I mean how realistic is the “record high” if hardly any shares are being traded?
Is market manipulation afoot?
That's one possibility. Another is that the lambs are being led to the slaughter.
Or maybe the well being of American workers is not an important factor in this global economy.
The biggest reason that I see that the stock market is “soaring”, is because it’s typical competitors for monies such as bonds, all have essentially zero growth in a 2% inflation environment, so the only place for all of the money that would normally be distributed among several types of investments have to go is the stock market. And with the inflation, keeping your money out of the investments means continuously losing significant amounts of money.