The dow jones today is at 21400. This rally is for sure coming to an end, and the reason is the odds of the fed rising rates will cause a recession before Donald Trump comes out with any extremely beneficial to the economy. What this means is that we are closer to the top of this rally than the bottom. Perhaps by the end of Donald's term though, if he can manage to cut taxes and improve the economy and pick up money velocity (which is inflationary in our situation), than the stock market will finish at new time highs. If he doesn't succeed with a lot of his promises though, the stock market has already priced in the success of these promises so it will have a long way to fall to get back to reality if they don't occur. The recession that is coming sooner than later will make that pullback hurt so much more.
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