EVERYTHING IS UP BECAUSE THERE IS EXCESS CASH...NOT REAL DEMAND...
AND THAT HAS PERSISTED SINCE THE NETHERWORLD OF QE STARTED...
THIS IS A MARKET AND ECONOMY ON TRAINING WHEELS EVEN YET...
OF COURSE IT ENDS BADLY...BECAUSE IT IS JUST A GOVERNMENT MANUFACTURED BUBBLE...NOT A BUBBLE OF WALL STREETS DOING...
WALL STREET IS IN THE FED MORPHINE DREAM...
AND ITS A HAPPY DREAM SO FAR...BUT HAPPY MORPHINE DREAMS CAN BECOME "BAD TRIPS" OVER NIGHT...