It’s quite an old trick in the book for any administration, whichever color it has, to try to push the can down the road until it gets re-elected. After that, it’s buyer beware.

Something to consider is that in times like these money are flowing in the wrong direction, instead of going from developed countries (US, EU, JP) to developing countries with better return rates (Emerging markets) it is the other way around, going into developed countries estates, bonds and stocks even with low returns which look already overvalued. That would normally read that there is way more liquidity than actual growth and the valuations are not accurate.