Genuine question!
Are those things just not intrinsically connected to the stock market, job growth, interest rates, etc.? Has Trump simply created more than the plandemic took away?
Or is this a matter of "waiting for the other shoe to drop" and we're in for a rude awakening after it all catches up with us? Should I be moving a big chunk of my investments over to gold?
I've been trying to make sense of how we're seemingly doing so well and not well at the same time.
Every economic indicator is a statistic, and statistics, as a whole, can be molded to say damn near whatever you want to say.
If you're wondering specifically why the stock market (as an indicator) doesn't often mesh with main street reality it's because you have to understand what an 'up' stock market means.
If you invest in a company (by buying their stock) it is because you think the value of that company will rise sometime in the future, at which point you will sell it for a profit (one that hopefully outpaces inflation). The stock market is all about the future - which is why there was a boom right after Trump won in 2016. Investors as a whole judged that publicly traded businesses would be much more valuable after 4 years of Trump than Clinton.
Employment didn't change at all one day after election. Real wages didn't change. Home ownership didn't change. Only investors perception of the future. Thus, the stock market is fairly disassociated from other mainline economic indicators.