Yay! The Dow just finished above 23,000 for the first time in history. This is good, right? Well, from one perspective it may seem great, but in our current state of affairs, this is scary. Think about it for a minute. We have total inaction on Capital Hill, trillions of dollars in debt, dollars being printed for free, subsidies being given out like candy on Halloween (yes, it's that scary), and relief funds that the government really can't afford. There are many reasons, but they all have the same conclusion. An economic disaster.
The stock market right now is, "a fugazi. It's a wazzy, it's a woozy".
I'll tell you one thing for certain. This market is being bolstered by those that are buying into President Trump's promises of tax cuts, healthcare reform, and infrastructure projects. If congress doesn't push his agenda forward going into 2018, one of two things are likely to happen. Either you'll see politicians ousted very quickly for those that will support the "Trumplican" party or the stock market will take a hit as government distrust continues to escalate amongst citizens and causes alternative means for investment (is this where Bitcoin comes in?). Maybe both scenarios happen. Who knows! But something is going to happen, period.