agree. GDP does not mean stock market gains. In fact, you can have strong shareholder returns even if the economy is not growing at all. If $1 billion company generates $100 million in net profit annually, this is $ that must go to shareholders regardless of GDP. This is the situation right now with the US...major companies are generating huge profits annually even if real GDP, productivity, and population growth is sluggish, which is why the stock market has done so well in spite of so many things seeming to be wrong..