Dow 50K

The Dow Industrials are above 50K  i remember when Abby Cohen Goldman was hyping that it was going to break 20K just before the dot-com bust in 2000. I am not seeing the same sort of absurd overconfidence.  I am seeing a lot of doom and gloom sorts claiming the market is bubbillicous. Some have saying thus for many months. 

I wonder how much of this seeing the Democrats getting ready to fail to retake the House, and how much is an endorsement of Trump’s policies