Loading ...the scum is for sure a programme….but one that gets tweaked by the Fed……
The problem it has now, is that the SM in not being allowed to show any signs of a recession, has remained far too strong and we now have the Mag 7 taking prices to crazy levels…unless u realise they will print, as soon as any real signs of a slow down occur…..
It’s the classic mistake …manage perceptions on a day to day basis and succeed….but on a long term basis, look increasingly mad.