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Schools are closed. We have a sky high unemployment rate. A raging pandemic across the world with no end in sight. We want things to be normal. The Fed is doing
by dnprock 6y ago
Schools are closed. We have a sky high unemployment rate. A raging pandemic across the world with no end in sight. We want things to be normal. The Fed is doing its best at pumping money to keep the market afloat. So we have some weird things in the market like Apple reaching 2T within 3 years, Tesla going 5x within a year.
These things are normal given actions from central banks. The market is rational. We're not rational for wanting things to be normal.