The market has the perception that the powers that be will not allow the markets to falter ahead of the fall elections.
If that perception fails, look out below.
“Christianity is not stoicism. The Cross does not sanctify us by destroying human feeling. Detachment is not insensibility. Too many ascetics fail to become great saints precisely because their rules and ascetic practices have merely deadened their humanity instead of setting it free to develop richly, in all its capacities, under the influence of grace.” Thomas Merton, 1958