The stock market continues to surge (a mind blowing 4006 points since November), though its behavior seems to be divorced form anything actually happening in the news.
Trump shuts down travel from Muslim countries? Dow increases.
Trump slams NATO and exits from Paris Accord? Dow increases.
Missile strikes in Syria? Dow increases.
Slow news day? Dow increases.
Giant pit to hell opens, swallowing up all of Europe. Dow increases.
So is the market's behavior normal, or are we in a bubble? If not, can this be explained entirely by the promise of cutting regulations and taxes?
Also, if you have investments in the stock market, do you feel comfortable, or are you eyeing your investments nervously because you know deep down inside that the fundamentals of the market haven't changed and this surge can't last?
Something I can't help noticing is that as the Dow keeps going up, my etfs which track the market don't necessarily go up too. Often they'll be static or even go in reverse, as is the case today.
https://seekingalpha.com/article/40...ble-biggest-bubble-since-1999-surpassing-2007