Name:   MartiniMan - Subject:   Be wary Date:   2/22/2017 8:23:27 AM

The stock market ups and downs are mostly an emotional reflection of optimism or pessimism.  The markets are baking in a roll back of the regulatory state, continued low interest rates and inflation, repeal and replacement of Obamacare and significant tax reform.  To the extent these initiatives stall or don't have the desired impact on earnings there will be a correction.  So if the President wants to take credit for the uptick he will be set up to take the blame for the correction.  And if that happens at the wrong time it could be electorially disastrous.  As would the next recession which is long overdue.