Warren Buffet said, "In the short term, the stock market is a voting machine. In the long term, it's a weighing machine". The stock market is suppose to realign itself about every 36 months. It's been over 140 months. How could it be anything else.
The reason it might not be obvious is because this administration casts a shadow over everything they do, and because I believe there to be a currency bubble. (I'm making this up so don't go selling off cause I said it) If interest rates were doing what the market was telling them to do, they'd be a lot higher right now. Fact is, they're near zero and have been since 2008. That's no accident. The QE is continuing too which is what's propping up the repo market. The inverted yield curve that happened is being treated, not fixed. Then there's the national debt which is funding stock buyback schemes so CEO's can bolster their bonuses. We're going to need those automatic stimulus programs like unemployment, renters assistance, ect, but the national debt will be crazy by then.
(A trillion is a thousand BILLION) Then there's the consumer debt, mortgage debt, student debt, debt---
I'm no economist but I'm having a hard time believing the official story. IMO, the value of the dollar is going to have a coming to Jesus moment. I'm honestly at a loss as to what to do about it.