Quote:
Originally Posted by tom2021
In the short term, 1 - 2 years, the market will rise.
In the middle term, 3 - 5 years, the market will come down.
Long term, I really don't know.
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So is life with a Republican led administration and government. I'm not trying to be political with that statement either. It's just the facts.
The first Trump administration and the Biden administration have very little responsibility for how the market has behaved, inflation, etc. over the last 5 years. That is all COVID and the remnants of it and the Fed trying to figure out how to keep things afloat during a very unprecedented and initially scary situation and perhaps the Fed over-reacting and/or not tweaking the dials after a couple of years. Lessons were learned and I prefer over-reaction vs being too conservative in the situation like that.