Perhaps the remaining American patriots should pray for it. Let's judge the tree by the fruit it produces. The bitter fruit of the stock boom has been a burgeoning trade in concepts inimical to our civilization. An explosion in illegal immigration is one notable social downside of the boom.
Low inflation allows for low interest rates, which in turn allows for higher stock valuations.
The stock promoters say that marvelous new technology is responsible for the relatively tame wage inflation numbers. Wage levels are not different to any other market, they are driven by supply and demand. Ten million illegal immigrants, by some reliable estimates, have artificially inflated the supply of low-skilled labor, thereby lowering the employee wages of that labor. Mass immigration has not only changed the color, and culture, and social fabric of America. But it has been very bullish for the stock market and the elites.