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Now? The market is fueled by rockets.
Four things happening at the same time rarely align:
Stimulus checks are arriving in bank accounts - $2000 per person from the administration. Corporate spending is breaking records as if there is no recession coming. The Federal Reserve is likely to cut rates in December with a (87% chance, not just a coin toss ). And quantitative easing is set to begin in two days.
This is a tsunami of liquidity from four different directions. When government money, corporate cash, cheaper borrowing, and central bank printing intersect? Typically, markets do not remain calm.