Quote Originally Posted by winner69 View Post
Read this somewhere - seems to sum it up


Watching this market is like watching Trump’s candidacy. Everyone is waiting for both to crash and burn but they keep climbing to greater heights. Even Fox News appears to oppose Trump without much effect just as the stock market sets new records in the midst of gloomy economic news all around.
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” ...Benjamin Graham.

Question: how long does it take for a voting machine to turn into a weighing machine?

2 years now and still counting

Chart is factset but I got it from Marketwatch article