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But of course investors are worried about whether earnings growth can continue in the future. Yes, the economy looks good now, but what about 6 months from now?

There are many negatives. People thought the tax cut was a short term stimulus. What drives the economy after that? Meanwhile rising interest rates, inverting yield curve, trade battles pending with China, uncertainty in Europe over Brexit, and now changes in Germany (Angela Merkela retiring), and battles going on in France. Not to mention turmoil in Congress, threats to the President, and more chaos than order in the crystal ball.

How do you write all that off and say it's irrelevant? That's a stretch of the imagination.
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