Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity!
Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity! — Marc-André Fongern (@Fongern_FX) December 1, 2020 The S&P 500 has moved far beyond its peak price-sales revenue from March 2000, when the dot-com bubble years ended. See my Chart … Read more