[Old Teufel Hunden]

"The current stock market rise is on top of Obama’s “hot air.” The RATs have been propping up the stock market for eight years. At some point, the real stock market numbers will have to emerge."

IMO, one of the big reasons for the stock market rise in the past 5-6 years has been because of non existent interest rates. Investors have no other place to really put their money other than the stock market. As interest rates rise, some investors might flee the market and go into bonds/precious medals/CD's etc... but I think it will be off-set by an economy taking off. If you have emerging market funds, scrap that, go with U.S. small and large cap funds IMO!!!

[CurlyDave]

When DJT frees American industry from the nonsense regulations which have proliferated so greatly, productivity will increase and justify higher equities values.

The other issue we need to confront is that the way to deal with the debt Obama piled up is through inflation. Free markets do this automatically. If we look at real, not government spun, inflation rates, I think interest rates have been negative for several years.

There are two components to the stock market rise. The “nowhere else to go” with investment money is only one of them, real inflation rates being greater than GDP increases is the second.