What Wall Street does care about is a rise in interest rates. When, not if, that happens, stocks will take a nosedive. The Fed may be forced to raise interest rates sooner than 2015. They are already reducing their T-bill buys.
Wouldn’t raising interest rates immediately make our government insolvent?
Is the Fed holding off raising rates until the Republicans retake the Senate so that they can poison the victory by causing the crash on their watch?