Originally Posted by
Daytr
Markets are behaving irrationally and have been for years.
That's what happens when you value money at zero, i.e. zero interest rates.
Equities rallying on bad news because it meant zero rates or stimulus.
Absolute shocking economics and will come home to roost.
Maybe this is it, maybe not, but you cannot have CBs propping up markets for ever & still call it free market capitalism.
When you think about it, its really socialism, but just for the well heeled.
Marx must be spinning in his grave! LOL