[Leaning Right]

I have yet to receive a Nobel prize in Economics. But I’m gonna take a guess anyway.

I think the stock market is high for one simple reason: bond yields are very low. Folks flee to bonds in times of uncertainty. And these are uncertain times. But few people area going to flee to a bond fund yielding 2% or less.

So the stock market is the only game in town.

[Red Badger]

If Krugman got one, surely you deserve one, too!!!!!!!!........

[FreeReign]

I think the stock market is high for one simple reason: bond yields are very low. Folks flee to bonds in times of uncertainty. And these are uncertain times. But few people area going to flee to a bond fund yielding 2% or less.

Add to that, muni bonds from blue municipalities may be at risk of defaulting.