Record Level Euphoria Always Ends Very Badly! Fed to the Rescue? Watch Out!

The financial system is seeing a massive uptick, massive flows of money, cash, debt into equities. More stimulus is on the way. This is in every form. Money printing from the central banks but also stimulus packages from the government itself. The expectation is that this will reflate the economy, pushing more money into stocks for those who have the disposable income.

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