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by PaulHoule 3396 days ago
p/e ratios were on the high end of normal and the low end of bubbly before election day.

The rise in prices since then is consistent with increases that could be seen in earnings due to tax cut and other fiscal stimulus.

There has always been the kind of rich person who gets the hot for Republicans, and that kind of person could be buying stocks. That kind of person though is not a paragon of good judgement. (Ex. They though Jeb Bush was a viable candidate.)

1 comments

The largest buyers (movers) on the stock market are large corporates and financial institutes not individuals ;)