2 ms·
> The huge, v-shaped recovery of the housing market and also stock market and GDP caught a lot of experts and pundits by surprise. It is not recovery but a pri
by lr1970 5y ago
> The huge, v-shaped recovery of the housing market and also stock market and GDP caught a lot of experts and pundits by surprise.
It is not recovery but a price inflation fueled by relentless government printing and injecting money into the system. Since the actual economic activity is still at the standstill (cannot get anythings from cars to Thanksgiving turkey) this new money has low velocity and needs to be parked somewhere. Hence, inflated housing and stock markets. Very sad state of affairs.