The generation that received the most benefits will complain and moan about this insane situation of no interest on their hard earned savings account that they have been refusing to risk on the stock market.
Black Swan's aside and Trump being re-elected, we might see the boomers finally start moving more money into other assets (long $SPY AND $GLD), including the...
I think we'll see a strong correction in time, not price, as Trump will do anything in his power to keep the markets floating for his re-election.
Events that could occur for the market to break this range:
- A black swan event.
- US election polls indicating Democrats will win.
- Macro turning bad beyond repair and Fed having to step in a 2nd or 3rd time.