They will continue to go up during inflationary periods even if the economy is struggling. Rising yields and high oil prices are propping the dollar up. If that Strait ever reopens, watch out on the dollar. If 30 year yields are over 5% with oil prices at this level, imagine what will happen to them if demand for dollars suddenly drops along with oil prices. Stocks may hold up, but it will be against a declining dollar so the U.S. market will be losing ground to the rest of the world.

That's totally not a coincidence or anything.

Whatever you've 'made' in the stock market is just numbers on paper. For example, yes, your 401K value has gone up a bit, but that doesn't put food on the table NOW, unless you're like 60, you to wait until you're older to take anything out w/o a big penalty. And who the fuck knows what the market will be at when that time actually comes? Same thing goes for the wealth you *think* you have in home equity.

I specifically recall arguments with wingnut relatives prior to 2024 where they were arguing like "so what if the stock market is doing great under Biden, regular people are struggling to find jobs and pay bills and buy groceries, so "the economy" sucks!", according to this person, despite how many indicators were positive (and Biden turned all that around after Trump fucking wrecked the economy in his first term). That only helped "the rich people", they'd say. And, I mean like every magat in my life was parroting the same lines, like it was an "RNC Blast Fax" (a term from the olden days lol).

Now, of course, the stock market being high under Dear Leader has the exact opposite meaning and effect that it did under Biden.

Because these asshole have ZERO intellectual integrity about ANY subject

And they will never admit any mistake.

....the DJIA has gone up 13.8% in the 16 months he's been in office.
It went up 33.13% in the last 16 months of Biden's term!