And stocks go to record high the same day! These “investors” are smoking crack. The crash is coming, and it is going to be epic.
They’re not smoking crack.
Government is printing money and the banks are buying stocks with that printed money. That’s the only game in town that is producing a “return”... The more they buy, the more the stock price goes up (demand), and the more it looks like they made money... It’s a self feeding cycle AKA a bubble... And it will burst...