Looking at the demographics and political climate of America, I am not at all bullish on the idea of the continuation of long-term bull market. Ignoring anythi

Looking at the demographics and political climate of America, I am not at all bullish on the idea of the continuation of long-term bull market. Ignoring anything technical, there are two extremely strong things going against the markets: 1. The fact that the boomers will be drawing down on their investments as they retire and begin to spend them. 2. The sentiment that is growing against our corporatist structure that has propped earnings up (ie the jobless recovery). Whether it's Bernie or Trump you support, it doesn't matter -- well over half the country is voting against policies that have made the stock market so successful at the expense of the American middle class My point being, market knowledge is always important to have, but I'd advise against putting all of your time into it. It's going to be stagnant for a generation. IMHO you are better off building a real business with your time. Get ahead of the game and see where the future is headed -- the trend is your friend.