That might be justified, but that doesn’t mean the stock market can continue to rally in the short run. >>>>>>>>>>>>
Why not? Obama invoked an extended slow growth in the market bu controlling the Fed , making cheap money available and creating a bubble.
The Fed wil raise interest rates, and a adjustments will happen. Thats a good thing, backing away from the bubble, but after hat adjustment? The stock market will roar like a Lion. The old Bears / Bulls analogy will appear supercilious.
Buy at the bottom of the bubble adjustment and sell at the top of the Roar.
Agree. One can see it however they wish but undeniably the Fed floated the 0bama regime with Trillions in support. Devoid of any motive (which may or may not be realistic) the fact is the Fed has to “reel in” the Trillions in extra money they used to keep 0bama from sinking like a rock. If they fail to the inflationary pressure of those Trillions will begin to be felt. So, realistically, the “Trump rally” wont actually begin until the Fed has essentially been “paid back” for the excesses during the 0bama era.
I am sure there are forces and effects of which I am ignorant but I doubt they can match the impact of Trillions of what is, realistically “debt” the Fed “loaned” (involuntarily) to the US to prevent a total collapse of the US during the 0bama regime. Not saying there wont be a Trump rally but the hole we are starting from is the deepest in history. The question is, “How fast can it be filled?” The next question is what can be done to prevent to Fed and the proglodytes from just digging a new one in 8 or 12 years?