Well, folks: we’re officially in a price melt-up in nearly all asset classes.
Stocks (especially Big Tech), bonds, gold, silver, bitcoin — all are racing higher. And that’s happening on top of an already massive run-up from the March lows.
If you’re looking for a fundamentals-based rationale behind the melt-up — don’t. There isn’t one. A glance at the famous Buffet Indicator shows that markets are at a record level