US equities are floating on a sea of liquidity and a gross mispricing of risks.
Not to mention an exceptional sense of privilege and dare I say, arrogance, in the financial class.
Have a pleasant evening.
"Quite a lot of what passes itself off as dialogue about our society consists of people trying to justify their own choices. Let me propose that if your beliefs or convictions matter more to you than people—if they require you to act as though you were a worse person than you are—you may have lost perspective."
Timothy Kreider, We Learn Nothing, 2012