It’s not just a bone, it’s an entire platter. Me thinks the government is doing nothing more than to push folks into riskier asset classes with the intent to reinflate an equity bubble. It also wouldn’t surprise me if most of the the big institutions have already positioned themselves well before this runup so that average joe’s now rushing to the markets drive up their gain..
Just look at how things are, several things are at an all time high and the fundamentals nowhere near justifies them.
I would not want to be an in short position in the markets right now…I have a feeling this is just the beginning….though eventually, me thinks this thing will crash and burn bigtime…
At the same time, what do you do? Hold on to cash or bonds and watch them get decimated?
Enjoy the short term run up while it lasts….At least until early next year.