Quote:
Originally Posted by Guest
I guess I'm part of the peanut gallery but IMO you are mistaken. The stock market continues to rise due for two reasons; artificially set interest rates and deficiet spending. You are correct saying the market has been on a tear since Trump took office but that is because it is salivating anticipating tax cuts with no spending offsets, a giant infrastructure spending bill funded with deficiet spending, and rebuilding the military with more borrowed money. Deficiet spending is the only reason Obama left with a favorable rating. The stock market you speak of is no longer a long term investment vehicle but a short term gamble with a lot of winners now. Pass the punch bowl.
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Not exactly what the historical trends show:
Dow Jones - 100 Year Historical Chart | MacroTrends