I agree. The way Wall Street operates now, it has nothing to do with the real economy. The MSM is too ignorant to even report on it correctly. I am appalled at the idiots that they switch to on the evening news: “and now from our economic analyst...” which is some journalist that might have read a Time magazine article on economics and now considers him/herself an expert. Wall Street is about commissions, fat salaries, good old boy relationships, personal power, etc.
“and now from our economic analyst...”
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Yep, it reminds me of an outfit that used to sell printing franchises. They told me the name of their “technical expert” and he was someone I knew who had about two years experience as an apprentice in a little Mom and Pop printing operation. He was slightly more of an expert than the owner’s cat but not by much.