The US peaked and is in decline - I read history. As for being a democrat - you are implying they all read Marx - LOL. Safe haven and dollar as world currency is providing a lot of strength. But only taking on more debt and manipulation of the interest rates is keeping asset prices high. We'll see how long it can be kept afloat.
Again that's very simplistic, The Republicans may not have a clean sweep to start with, and whilst many say its such an obvious thing to do, unless there is overall tax reform - which the country can't afford, the public outcry against additional corporate tax breaks would be political suicide for anyone supporting it. Never going to happen.
I think that's rather simplistic. Tax reform isn't up to just Trump - though he throws promises around like he is going to be king - LOL. And if he wins the election I'm pretty sure all asset prices will get marked down drastically. As they say, people need to be careful what they wish for.