Joe Biden's second day in office and the stock market is still soaring

Before this new administration took office, many people were wondering how it will change the stock market.  Trump's era of the stock market seems like a big deal from the outgoing president due to the fact that he always praises himself and claims every daily growth of the stock market. 

Trump made the public feel as if they owe him a lot of appreciation for each day that the stock market goes up, but he refused to take the blame on the days that the market goes down.  He would sometimes promote the stock market to investors and tell them that they are going to make a lot of money each time the S&P 500 reaches a new mark or breaks a new record. 

Trump is gone, Biden is in the office and the market did not flinch, there is not fear that things will change, no fear that the stock market will stop going higher and breaking new records even in the midst of the coronavirus pandemic. 

Normally, if investors are skeptical of the new administration, the stock will go down at the news that a new commander in chief of the United States is coming in. 

Joe Biden became the 46th president of the United States on January 20, 2020, and it seems like it's business as usual. The stock market is in a good position, a bit too bullish than we are used to but it does not seem that the news of Biden coming into office will make things worse for investors.   If anything happens to the stock market or if the market crash in the near future, it will be because of the type of risk that investors are taking at the moment. A lot of stocks are at an all-time high and it keeps going higher because people continue to pump money into the market.