The question, as always, is how high is high? And where is your starting reference point? My money is on a LOT more upside.
You are reading my mind again JD...
Do this proportion. in regards to the Clinton Economy vs Trump's with Larry Kudlow saying 6% is not out of the question. Clinton 3.78% avg GDP = s 225% gain in the Dow. 6% ='s "X" cross multiply and divide, now take that multiplier and multiply it to 21,000.
I'll send you the number I came up with privately.
Clinton had the Internet Revolution, but he will not have the following Trumpian winds in his sails that if they all get done are mind blowing in their totality:
* The Fracking Revolution unleashed ='s jobs, prosperity, and a better balance of trade not to mention energy independence and exportation.
* Fighting to bring back and keep every job here and enforcing trade deals.
* Getting Fedzilla off businesses backs, especially the EPA
* Capital back because of repatriation, De-balling Dodd Frank so banks lend again to business.
* The business world already gets the psychological seed change that they are not the target anymore, and are actually thinking of growing.
* Our health-care system will bet fixed, small businesses will hire with Ocare gone and IMHO it will get so good it will spur competitiveness to the point our quasi-socialist trading partners will have to look at it and emulate it to stay competitive.
* Reducing Corp Taxes to 15 or 20% for all businesses is a Force 5 wind in their Spinnaker.
To me the big one is the 4000 drugs in the pipeline that are being slow-walked by the FDA. Pres. Trump noted he'd love to fast track them. What if their are one or two game changers in the 4000? Something that can change medical cost or control a cronic illness? That to me is a far greater benefit than the dot.com bubble of the Clinton years...