It's time to try
Defying gravity
I think I'll try
Defying gravity
And you can't pull me down!
Here's the problem with the markets:
We're at the point where they simply can't fake this thing any higher. We've passed any credible stock valuations, even for superstar companies like AAPL and companies like NFLX, TSLA, AMZN, etc. are at ridiculous levels as well. The resources that are required to maintain the market bubble grow exponentially larger as the bubble grows and expanding the bubble further becomes, at some point, an impossible task - no matter how inspirational your song and dance number is.
You can fill a pool with water the same way you fill a market with money but, at a certain point, the pool is full and all the water in the World isn't going to bring the level any higher. All the extra water you keep pumping in is just wasted and spills off the sides and, in fact, begins to cause dangerous damage to the foundations. That's what all this money-pumping is doing to our markets now - the markets are full of money, back at all-time highs - so why do they keep pumping more and more water in?
They do it because the pool has a leak and our economy has a leak (recession) and they fear that, if they stop pouring money in, the levels will quickly begin to drop again and people will see the leak for what it is and panic or, even worse, tell them to stop wasting water filling the pool and actually fix the leak instead.
That's not what "THEY" want to happen because "THEY" are the guys who stand at the sides of the pool with buckets and collect the spillover. "THEY" have no intention of fixing the leak because the leak is why free money is being constantly poured into the economy and "THEY" love the free money.
