Well, it looks like it, if you look at today's 2% rise in the Dow:
And, the market being forward-looking, it would appear that a Republican victory started getting priced in around Labor Day:
On the other hand, in the long-term the market can only reflect the real strength of the economy. Which makes me worried that we haven't found the bottom of the bubble quite yet:
Yikes! We are either living in a historic time of remarkable growth and exploding affluence, or else we are living through a Grand Illusion.
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