21k and Rising: Record-Breaking Dow Jones

Surely this thing has to soon slow down and correct itself. Or will it continue to climb?

Link:https://www.google.com/amp/www.cnbc.com/amp/2017/03/01/us-markets.html

 

It will continue to climb.

 

if consumer spending continues to pick up, it could become a self fulfilling prophecy.

 

Tenny, were you aware that stock market records were broken in 2015 and 2016 as well? It is always nice when the market isn't in the toilet. Let's hope it stays that way.

 

I think we'll see a natural correction, but those people talking obvious bubble are out of their minds. the corporate tax cuts by themselves are worth a 10% return in the S&P

 

Pro growth policies plus as interest rates rise some people will begin to pull their money out of bonds and move it to the market.

 

Yeah if people start losing money in bonds for the first time ever it could cause a sell off in the bond market

 

"This is a Trump Rally."

[video=youtube;vxXhkUuAJJY]https://www.youtube.com/watch?v=vxXhkUuAJJY[/video]

 

I had no idea, I'm just seeing record highs now.

 

When will wages rise like this?

 

What, in your opinion, led to the record highs of 2015 and 2016?

 

It would certainly help if we fixed our current immigration mess.

 

Or acting like running a printing press running actually creates wealth

 

Not much immigrant competition in my profession....

 

The bond and foreign exchange markets had a lot to do with it. Bonds rose sharply in value, so their yields plummeted. The average dividend for the S&P 500-stock index was about 2 percent, much higher than the yield on a 10-year Treasury note. Many investors moved to stocks in search of a better deal.

 

Tax policy was still being priced in. Between regulation and tax we likely see most of the upside in the market now. If the house plans aren't aggressive we see a correction.

 

Hard to see that happening.

 

I bet wages are up this year

 

Haven't you or someone been saying that investors are getting better at valuating companies, leading to the smaller corrections we've been seeing?

If so, wouldn't the continual record setting mean either : 1. valuations were too low, or 2. It's being ignored for short gains.


If 2: that is absolutely a bubble.

 

Te value of these companies changes based on tax and regulatory policy, though.