Meanwhile back on planet earth.... Bond yields have plummeted continuously over 30 years and stocks are still in massive bubble from Fed continuous QE and will at some point have to find true value based on reality. And when will these guys learn from history that once debt to GDP goes over 90% that the game is already over for the currency in which the stocks are denominated. The share buy backs have endebted the businesses and if they are not actually bankrupt then they are very overvalued. Gold is not an investment but a safe place to store value whilst the world works out real value and with enormous asset, property overvaluation and central banks trying to desperately find an extra few yards to kick the can down the road the inevitable correction will come like it or not.
Total disconnect from reality. Total and complete political and Fed takeover complete. We are now in the twilight zone. A market that cannot act as a market is no longer a market.
I'm sure the Dow would go up if the was an asteroid on the way or supervolcano eruption or ice age event. It's all stock market positive these days I agree.
This bank is bleeding out and no one is willing to see that just giving it blood will not save it.....because the heart is dying ie the business model is failing.