Spot the striking similarity.
Below is the US Employment to Population ratio - a nearly perfect, multi-decade low flatline since Lehman...
[5]
... And compare it to the NYSE stock index divided by the Fed's balance sheet: a nearly perfect, multi-decade low flatline since Lehman...
[6]
Funny how the phrases "improving unemployment" and "record stock market" are so dependent on one's perspective... and the denominator.
* * *
In the meantime, here is the propaganda:
[7]
But even that pales in comparison to the one real winner from the "New Normal":
[8]