Today, the Dow is up over 300 points, setting new records almost on a daily basis. It began to climb the moment Trump was elected despite gloom and doom warnings of a massive sell off. I have no idea and don't pretend to understand what makes the stock market tick. My caveman approach is "MMM..stock market up, good! Stock market down, bad! MMM, crave meat".
I also realize the market will at some point, "correct" itself, but right now my vast portfolio of 100 shares of Scotch Brand Packing Tape is kicking ass. But today at lunch, I was walking through a store and went by a TV tuned to CNN. Wolf Spritzer was interviewing some guy, which I'm sure was one of the leading economists of the modern era, and all I heard was Wolf ask, "So you're saying we should credit Obama for the recent stock market success?"
Oh absolutely. It was the Obama administration that gave investors the confidence they needed to move forward and stimulate the......."
Thank God for Obama. Without him, we would never have discovered a vaccine for polio or had access to a forum in which we could openly hate Dallas. These fucks quit trying to hide anything long ago.