All is well and getting even better.
Because I am a "perma bear" or I don't philosophically empathize that unlimited handouts/bailouts/support for losers and their failed efforts constitute real accomplishment, I am an idiot. I have nothing to add. All anything is about, is making returns and money. I guess I missed that class. Too much fishing can be blamed as usual.
Stocks, bonds, real estate, anything but gold and silver is going to unknown highs and you have to buy. Buy now. In a thousand years of history no one but Benjamin Bernanke has figured out how to make a nirvana of free money with no consequence rain prosperity upon the masses. I tip my hat. Well done sir, well done.
I often think of this Kevin Depew Miyanville article
Five Things You Need to Know: Deflation is Here, What Next?
It's all become untethered. Emotion, momentum, and how far one can push it.
I think we see S&P 500 at 1800 in 6 months.
Is 1800 on the SPY overvalued? How can I know? There is no way to gauge it.
The restraints are off.
Have a good night.