[FlyVet]

This climb is being fueled by private equity acquisitions, which I believe is being fueled by the desire of companies to avoid Sarbanes-Oxley. In other words, the climb is not being fueled by fundamentals.

Yeah, I've heard Brinker talk about this recently. He expects this to continue during the current administration and to help fuel the market. S&P sitting around 17 reported P/E is pretty benign compared to 46 in 2001.

I wonder what will happen in the long run, though. Will this get us into the monopoly/collusion territory? I remember the Big Bell/Baby Bell breakup. We are going in the opposite direction now. I'm certainly not an expert on the subject.

[Moonman62]

I wonder what will happen in the long run, though. Will this get us into the monopoly/collusion territory?

No. These acquisitions are being done by private investors, not other companies.