The charts seem fairly clear.
The mispricing of risk continues.
The rationales for this are increasingly thin and self-serving.
The consequences are going to be historic.
Have a pleasant evening.
"O Jerusalem, Jerusalem. You who murder the prophets, and abuse those whom God has sent as messengers to you. How often I have longed to gather your children together, as a hen gathers her young under her wings. But you would not let me. As you have willed it, so your house is now yours to command— but it is made desolate.”
Matthew 23:37-38