Here's something interesting ...
I am active in several business networking groups including a regional Chamber of Commerce whose members include some of the largest national companies in banking, telecommunications and pharmaceuticals. Most of them are having trouble attracting and retaining members -- because their members are so busy they can't handle the demands on their schedules for networking events.
I have never seen anything like this in my professional career.
I see the strength of the U.S. dollar being a very important driver in the next couple of years. On a monthly basis, the U.S. Dollar Index (DXY) reached a low point of 80 in July 2011. Its highest point was 128 in March 1985. At the end of November 2018 it was at 103.
For those of you who can remember, I'd ask one question: Does it feel more like 1985 or 2011 right now?
First, DOW has no direct connection to CURRENT economic activity. DOW is looking ahead, not current situation.
With all this great CURRENT business activity you are seeing, and I believe you 100%, why did the DOW take a hit? Because it saw what is coming in 6-12 months forward as a POSSIBILITY. Such as no more tax cuts to stimulate with speaker Pelosi, world debt at record high which can bite you if economy slows down and world economy is indeed slowing down. That corporate nominal tax rate dropping from 35% to 21% with push from PDJT and significant cuts in regulations is why the DOW kept surging since election. Now there is not many regulations left to cut, and further tax cuts are impossible.