of the fiscal year. Lots of funds are looking for window dressing. However, a lot of my colleagues are uncertain of the uncertainty of a 2020 election year / impeachment / trade war. Politics are unpredictable. There's a cost to unpredictability/ uncertainty. We all know volatility is expensive.

I think your economic philosophy is much like mine. I'm so tired of Presidents taking credit in a good market. Their job is to give credibility to our institutions, soothe the market in times of a wavering economy, a few tweaks to our long term fiscal policy, protect our trade interests abroad, and then get the hell out of the way.

All this administration has done is get in the way and create political uncertainty domestically and internationally ... with a tax cut and some deregulation measures (that accentuated civil unrest). Because of this administration's constant unpredictability and lack of credibility, I'm scared of an exaggerated move to the troughs when the market inevitably moves to the downcycle.

[Post edited by Blah at 10/11/2019 12:34PM]