The stock market does not reflect the state of the US economy. It is globalist bellwether and gambling casino of the world elites that care not one bit about the US worker or prosperity. It is all about short term profit and thinking..
End of the year is near.
Often things happen relating to tax accounting and also end of the year reports. Adjustments of what stocks are held, take place.
All stuff that elites will snap up once they think there are no longer sufficient suckers to sell.
Yup. That’s my take on it as well.
For nearly three decades the Stock Market reflected an economy that benefitted elites.
In 2016 the people of the world began to say “enough!”
The economy is starting to be changed in ways that no longer benefit the elites as much. They are throwing their stampy-foot hissy fit, and the Dow reflects that.