The stock market has loved President Trump. His policies have been the major factor behind the market’s rise.
Some people think that if there is a Democratic sweep in the November election, many of Trump’s policies will be reversed and taxes will increase. Based on that analysis, the stock market could fall about 20%.
But for rare birds who attempt to rationally understand the stock market, it may come as a shocker that under one scenario the stock market may rise about 12% on a Democratic sweep. To understand this scenario, think of a party of drunkards where everyone loves a person who serves the most alcohol.
At present, the stock market is…