Great?! Not hardly. When I get the 1st Qtr 401k statement in a few days, I’ll be greatly paring my future stock allocations as well as moving a good portion of the accumulated stock money into bonds/cash/safer funds, etc.
The market won’t levitate on printed Fed money forever. And I don’t consider the June performance of losing 500K full-time jobs while gaining 1M part-time jobs anything but flat to bad.
Prices going up as wages and hours worked go down and the subsistence rolls swell is not a recipe for prosperity.