>> " knocking the legs out from under the strongest bull cycle we’ve ever seen ..." What was the last bull cycle that delivered life changing jobs to those who

>> " knocking the legs out from under the strongest bull cycle we’ve ever seen ..." What was the last bull cycle that delivered life changing jobs to those who were low/mis-matched skilled and how sustainable was that? The tail end of most expansionary cycles I've seen are just speculative blow-offs. Also where's the inflation ? Equity Markets are up over 130% since 2010, while earnings are up ~ 50%. These are some of the most expensive markets we have seen (barring the dot-com boom which was more large cap centric) QE and the various central bank interventions I'd argue have elevated equity market prices (asset inflation) while increasing income disparity and delivering disproportionate gains to those invested in stock markets -- (not saying there were better alternatives in the years following the 2008 crash, but here we are).