No one knows where the market is going. But we can all see where it’s been. I’m not saying there is necessarily a causal relationship between U.S. stock prices and the following all occurring at the same time:
- The departure of a two-term U.S. President
- A shift in the White House from one party to the other
- Various and unprecedented economic stimulus actions, carried out or made possible by the Federal Reserve
However, given the current world economic, political, etc. status of the United States in 2017, it seems like we might have a bit of a setup taking place.