No. It's common knowledge the Fed has been liberally pumping money into the market to boost its upward trajectory.
However there will be a almighty crash!
There is no business activity to justify the market evaluations!
Share buybacks are a sign of bad news. Long term no future prospects. A way of increasing executive handouts in an poor economy.
And the industrial military complex doesn't count! That's subsidized by government, so that's not cut throat capitalism. It's an appearance of success.
Hence the stock market is awaiting its pop, on actual performance, outlook, not doctored figures, to make the market APPEAR healthy!
· 8 months ago