Quote:
Originally Posted by albionmoonlight
also, unrelatedly, we are one good rally away from Dow 25,000 again.
I hope that the markets are seeing something that I am not. I still don't see the reasons for optimism that they do over the medium (12-18 month) term. But this sustained rally from the bottom has been going on long enough that there has to be something behind it, right?
|
Basically unlimited money from the government for publicly held companies will do that. I agree with your bigger point, though. The problems in the economy are largely outside of publicly held companies and the relative stability of the market is convincing too many people that things will quickly get back to normal.