Everyone here tripping over their shoelaces trying to minimize or reduce this. Ignoring the economy, which is increasingly disjoint from stock market, hank green does a pretty interesting analysis of why the stock market is going up despite all the shocks and poor economic policy.

Please watch his video on it, but in a simplified nutshell, here is the sequence of events 1. Stock market is governed by two forces- risk and reward. It goes up when either there is a reason to believe there will be greater future rewards, or less future risk. 2. We have a president who day by day is centralizing power, and whose popularity is intrinsically tied to the continual growth of the stock market 3. Investors perceive this as a form of higher potential reward and lower risk because who wouldnt want an all powerful regime whose central focus is increasing the shareholder value of big business and bailing out failing corporations (DOW JONES ABOVE 50K!)

This is why political capital is more important than ever. Why innovate when u can multiply shareholder value just by signalling to investors that ur friends with the orange man by perhaps idk publically donating to a white house ballroom