Sure seems that way of late. News like this would have sent the markets down several hundred points a decade ago.....now we are basically sitting at all time highs.
No place else to go for a return on money. One takes the risk vs a bank CD at .025% You going to lose your principal with the devaluation of the dollar it might as well be fully invested in the market.
Those of us with money know that if we lose it all it hurts where as the masses don’t know what they are losing with our current printing press mentality in Washington.
I always wonder if I should take some money out of the market and buy some rural farm land so that I can grow food if we have a real depression? I’m not a country boy but a city guy. Just a thought.