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Because they smell GRIDLOCK with Biden and the GOP Senate.
If Biden/Harris can hold back and not start another conflict, I think we'll be okay.
I don't even think he can sway the House on a lot of things.
Wells Fargo is going up today.
It's not a bubble if rates stay near zero and consumption is pumped with one bailout after the other, it's called inflation.
Montana will go along left wing legislation
Leftist and liberals are moving out there with a passion.
Many TA and macroeconomist saying this is the top of the bubble phase and they get bigger. Prob by SPring 2021 it will pop.
while getting 2% wage increases a year
All the money pump equals inflation and a weak dollar plain and simple, and likely staying the coarse in this environment. FOMC Meeting Minutes at 2est. they live to make things cost more and they are doing a great job and will continue doing the same...
Stocks are in extreme bubble territory close to 1999/2000 levels: https://www.longtermtrends.net/sp500-price-earnings-shiller-pe-ratio/
Mad Money's Cramer says this: https://www.cnbc.com/2020/11/24/cramer-calls-this-stock-market-the-most-speculative-hes-ever-seen.html
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