OP I believe a lot of what you are saying here. But the government has shown it’s ready/willing/able to flush the system with cash at a moment’s notice if need be. Despite what most people think on wsb, the PhD economists at the fed seem pretty tuned in. They aren’t handing out free money, and their priority is not to prop up the stock market. Prob get downvoted for this but they’ve been effective. And then will step away once the system starts working again.

With interest rates at 0 and nowhere else to put money, equities make sense and will continue to be disjointed from reality until there’s a systemic issue that commands otherwise. Yes I know corona is that issue blah blah blah. But I think another catalyst is needed at this point. And I think that once is starts to gnash its teeth, if that ever happens, there will be time to change course. They say stocks take elevator up, window down, but I don’t see that happening unless there’s a huge issue and I’m not going to sit here holding my breath waiting for a bubble to pop. That could happen again, for sure. but what I’m saying is that the virus was going bananas in Jan feb and market didn’t care. Irrationality can continue and it’s difficult to fight against right now. They say don’t fight the trend right...