Trump is facing a similar problem that plagued Obama: The stock market is soaring, but wages are stagnant. The Dow Jones industrial average jumped 25 percent in 2017 and is up more than 30 percent since Trump won the election, but those gains largely accrue to the wealthiest Americans, including many of Trump's donors and close friends. Almost half of the country doesn't have a single dollar in the stock market. While some in the middle class do invest via pension funds and 401(k) retirement plans, only a quarter of American households have more than $25,000 in the market, according to a Deutsche Bank report released this week.
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