The US economy isn't booming, but large cap internationals are. You can't intermix those concepts. I posted many years ago on here that at one point the worst 5 Dow components were essentially domestic based companies whereas the rest of the index was heavily international in nature. The US took on a large amount of debt, yes, not unlike though what Canada had to do decades ago. The Debt-to-GDP ratios are very comparable ( US now vs Canada then ) and Canada escaped that bind by paying higher personal taxes. Canada had to do that in a high interest rate environment. By the early 2000s though we had surpluses and no crisis.
Nobody said life was fair, and you guys voted in Trump who wants to skew things even worse. Which is bullish for stocks and maybe bearish for Americans who don't own stocks. How far and how long is always a guess, but the one thing is there will no great crash like 2008/2009 soon it will be far more muted unless WW3 occurs and millions die. In that scenario, stock market returns will be the least of your worries.
US job market I have no idea except my daughter is raking it in from a US firm so at least some people have great jobs.
