[quote=The-Shoveler]Yep, kind of looks like the 2000 blow off a little,
But I think the main difference is the record amount of money sitting on the side lines.
Maybe the market is pricing in all that infrastructure spending.
Not saying it is going to happen but what if after 4 years the DOW is at 35K etc…?[/quote]
Why do people keep bringing on this money on the sidelines fallacy. If there’s 2 trillion dollars out in the economy somebody has to hold them at any given time on the sidelines. If that number goes up to 3 trillion then there’s 3 trillion on the sidelines. There’s record money on the sidelines because there’s record money in the economy. This isn’t a reason for the stock market to keep going up.
