TheColdVolTruth
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BTW, the DJIA was 29,000 just prior to the global pandemic being a thing. I’ll be shocked if the market averages approach 10% per year over the next 4. But that will have more to do with which party is in control of Congress. What did BHO do after the 2016 elections that came anywhere close to what Operation Warp Speed has pulled off? Obamacare perhaps? Bwah ha ha ha!
I'll be surprised if the market returns 10% per year for the next four also. Unemployment is 7%, the airline traffic you refer to as soaring is still 55% below last year, and we're running a $4T federal deficit for this year alone. Having said that, there will be winners and losers. Some tickers will even make all time highs. Our resident SAVE pumper (looking at you @VolAllen) posted a chart in this thread about SAVE being at $80+. Guess who was president when it was? And I think that POTUS had absolutely nothing to do with that name trading at 80. All that said, there will be winners, and there will be losers as with any market cycle or administration.