Originally Posted by
Turbosina
The Dow Jones index is literally just 30 American companies. It excludes utilities and transportation, and it is most certainly not representative of the overall US economy. If you only judge world events by whatever number the Dow happens to be at, I don't know what to tell you...
Yes the Dow, and the markets in general, are a fair bit disconnected from short and mid-term economic prospects.
They can be looking for short-term gains based a variety of factors, not all of which are great for the economy.
Overall I'd say the markets do reflect some degree of optimism that this will sort itself out before too long. That doesn't mean the market drivers are experts on geopolitics, or know what Trump will do however,