Workers in the US are actually now receiving increases in wages...

Workers in the US are actually now receiving increases in wages in real terms ie wages are increasing faster than inflation.
Food is just one measure of inflation & the people who are struggling to buy food aren't going to be investing in the markets are they?

The boss of the world's most valuable chip maker Nvidia said artificial intelligence (AI) is at a "tipping point" as it announced record sales.
The technology giant reported that revenues surged by 265% to $22bn (£17.4bn) in the three months to 28 January, compared to a year earlier.For the year as a whole, turnover more than doubled to $60.9bn."Accelerated computing and generative AI have hit the tipping point," said Nvidia chief executive Jensen Huang."Demand is surging worldwide across companies, industries and nations."Nvidia also forecast a 233% jump in its quarterly revenues for the current quarter, beating analysts' estimates.Nvidia: "There was a lot riding on this last quarter and they actually absolutely knocked it out of the park," Bob O'Donnell of Technalysis Research told the BBC."We're starting to see mainstream usage of AI," he added, highlighting that AI is not longer only used by specialised technology companies.

As I posted before it's advances in technology that drives the leaps in the share markets, AI is the next step up.