Seems like everything is depending on Mr. Trump. He is enough to move the market sentiment. The market was moving sideways for a long time, but lately the market has been positive. So, I don't really see any reason to talk about a bearish market while to movement is still positive. The world is still heating while Iran and Israel are getting ready for war, Pakistan and India are preparing their armies as well because of the Kashmir issue again. These wars will surely affect the market. You should enjoy the good market as long as it last. The market can suddenly turn 360 degree,s and you won't have enough time to talk about it.
Those wars are not as big an issue for world economy. They suck for the countries involved but they do not shake world economy
Statements like this one by Trump are more nerve wracking:
https://www.yahoo.com/news/trump-interview-says-doesnt-know-130844364.html"Trump, in a new interview, says he doesn't know if he backs due process rights"
If he takes the USA in that direction the world economy will be shaken.
There is so much uncertainty lurking around us, but what comes from Trump is actually much scarier than those potential conflicts. Just one statement from him can wipe out thousands of stock market capitalizations. Something that even a war between Ukraine and Russia, considered more serious, could not cause, so wars between Pakistan and India or Iran and Israel are not too big a concern.
After all, the US is still the world's financial center, most of the money flowing into the market comes from them, so they are the main factor we need to care about the most.