In my opinion, as well as others I speak with, the only explanation for the current levels of the main markets is, The markets were completely salted. Now, anyone with dirty fingernails in the mining industry knows what that means, and what it invariably leads to. Short story shorter, the Treasury has been salting the mines with corporate bond purchases as well as outright equity positions in select companies. This all looks good on paper, for awhile. But one day someone somewhere will out it proper and since there isn't much salt left to toss in the markets, well, the markets will find their way back to proper valuations. M2c
An example: I should post this in a couple more threads as it is very relevant to the times. https://www.ccn.com/something-stinks-kodak-insider-trading-not-executives/ "The real spike in volume may have come from government staffers in-the-know about the loan. Given the size of the loan, which exceeded the company’s market capitalization at the time, it’s a good bet that shares would head up." All to make the pharma drug no doctor wants to prescribe. https://www.dailymail.co.uk/news/ar...pharma-company-began-month-bought-shares.html
