I've read so much amateur and professional analysis on what's happening. The one common thing I realized is it's all entirely speculative and offers little to n

I've read so much amateur and professional analysis on what's happening. The one common thing I realized is it's all entirely speculative and offers little to no empiricism (stats aren't empirical evidence, they're an explanation of data). Absolutely no one knows what's happening right now. There are many explanations that are attempting to rationalize the behavior of the markets but the reality is the system has gotten so complex and there are so many derivative financial instruments and institutions who make their living off of some type of market manipulation that what we are likely witnessing is a confounding of different mechanisms all occurring at once. The one absolutely conclusive thing you can gather from all of this is the prices of stocks have been and will likely continue to be detached from fundamentals for the foreseeable future. My guess is that a future economist will gain their fame studying what is happening right now and creating a new theory out of it.