Agreed. The printing machines will go into overtime before November. That will find its way into the stock market one way or the other. Just a matter of when and how much.
If you look back at the last 2 DEM administrations and chart the market v. “fiat-money issues, you will see the market surging each time.
It’s how they kept the market in such a good ‘mood’ all these years.
Again, 2008 was a banner year for fiat-cash.
It can be “verified” by how it shrunk at the start of Trump’s admin but then surged due to the freeing of actual real money/cash by policy direction, not by cash-pumping.
Ask your self why the market stayed so buoyant when COVID limited the labor force and industry?
Unaccounted-for COVID Relief $$ printed by the Fed.
And, 10% for the big guy.