The fact that US stocks have risen to the highest level since 2008 proves that there is no reality check whatsoever between the dreams and nightmares of the stock market actors and economic and financial reality.
The stock market is all about smoke and mirrors and unlimited greed. Economic activity is about investments, greed and jobs ... And jobs always come last.
Whenever the stock market has an influence on economic activity it mostly is negative. If the stock market were human it would be described as possessed by a dangerous illness or, at best, as an ugly dame without a clue.
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