The top end company stock prices are just like real estate, the money experts always use them to reduce the entire economy to simple terms and over-generalize.

The top end company stock prices are just like real estate, the money experts always use them to reduce the entire economy to simple terms and over-generalize. If our only two options are the Fed or FAANG winning I choose neither. The macro market (and their truthsayers) are obsessed with reducing things to the [current price] of public companies. Even though there is never ending increasing disconnect between their stock prices and the long term value they generate for the broader markets. The more we gamble on those small sets of metrics being the "truth" from which to guide society the more we (see: gov and media) will adapt to protect and push them higher.