I agree with you, I've been buying emerging market and developed market index funds like candy. Especially since they've been poor performers lately, it's like they're on sale!
I'm much more pessimistic about where the U.S. government is going now in regards to economic growth.
1) Obama is the only president that hasn't exceeded 3% growth during his time in office in US history
2) We stimulus'd and bailed out during the last economic crisis with no plan on how to 'pay back' the emergency funds we've thrown at the economy to the extent to where a repeat of the corrective actions we took in 2008 would be untenable for another crash (remember, they're business cycles, they happen like clockwork)
3) Government spending growth continues to exceed economic growth and revenue growth, to such a point where things like pension liabilities are a problem during the 'recovery years' would be disastrous during a recession
4) For decades budget analysis has pointed to the unsustainable growth of entitlement programs, yet no action is ever taken to address it. You can only expand, never contract, public programs no matter how inefficient or counterproductive.
5) Able-bodied worker labor participation rates continue to shrink. Lowest male labor participation rate in US History and continuing to fall.
6) The political climate is about what the government can provide in benefits. Not how government action or inaction could stimulate economic growth, opportunity, and sustainable prosperity to enable people to benefit themselves.
A Trump presidency could be good, or bad, but let's not pretend we're on a good path now.