Pistol .... Thanks for commenting. ... The economic data has been see-sawing up and down. The "ups" are widely reported in the MSM. The "downs" are ignored in the MSM.
As for stocks, they are owned by people with modest wealth in addition to the 1%. Retirees are living off of their savings which they had invested in stocks when working. The aggressive monetary policies (Federal Reserve) have helped the stock markets.