Are we in a fed bubble?
Some people say no!
But if you just look at the numbers, say the NASDAQ, its up 50% since the end of last year. If you recall, the fed started printing money in 2019. The indexes are up *alot* even though unemployment is high. Does Wall Street really need to do any math here? After all, financial analysis is fairly useless. Or is it?
Lot’s of people are making money. But with any bubble, its a game of musical chairs. The loser loses. So financial analysis is needed…make money where you can but make sure you get a chair.
Fed bubble?