Don’t judge a book by its cover or in this case, don’t judge an economy by its stock market. When the new jobs report came out last week, Donald Trump basically declared the economy cured, despite 40 million jobless Americans. He puts a lot of stock, so to speak, in the markets, which have been returning to pre-pandemic levels. But Seth Meyers argues markets may not be the best indicator for the health of this economy. Here’s what he said on Late Night With Seth Meyers. 

“If 40 million people have filed for unemployment and over 100,000 have died and police are violently beating peaceful protesters, maybe the stock market hitting an all-time high doesn’t actually mean we, as a country, are at an all-time high… Maybe this is your hint that the stock market is actually bullsh*t.”

Watch more above.