This is why the SOBs claim that the economy is great. The companies shed employees and that is awesome for the bottom line. I say most Americans don’t have huge investments in stock and are suffering horribly under this regime in the build back to excrement era.
The stock market these days is kind of a misnomer. More people own stocks today than ever-mostly through 401(k)s. But the market indexes are buoyed by a few, large, tech companies. MOST stocks are barely above pre COVID levels.
I never trust a politician who points to a narrow index (like the Dow) and claims that it represents the entire economy, and they had anything to do about it. That goes for pols from the right or left.
All this talk about a soft landing is, I believe, premature. I guess we will find out soon enough.