There is a strong possibility that nobody actually knows what the right thing is. There is a story that says the mortgage mess was done largely for reasons of "

There is a strong possibility that nobody actually knows what the right thing is. There is a story that says the mortgage mess was done largely for reasons of "for the social good" and that people believed that. There may be somebody, but they aren't known, don't get listened to or otherwise don't exist for purposes of this sentence. The existence of a Micheal Burry* does not keep a bubble from forming. *A "The Big Short" person of interest. But yeah - I'd expect a drop in stock prices once interest rates hike a bit. We have in effect a generation (perhaps two) that has known nothing but very low rates.