Then why hasn’t the stock market crashed?
If any Freeper could correctly time the stock market they would be billionaires.
The raising of interest rates should have crashed the stock market by now since the cost of capital has increased 5% in the last couple of years.
Apparently the basic rules of economics no longer apply.
My conclusion is that we live in a “rigged” economy—and if you are not a member of the fight club there is no way to know the rules of the fight club.
For sure, ***something*** is propping it up.