The current stock markets have no correlation to the actual economy right now. While only a little over 1/2 of us own stocks, in any form, right now everyone is punch-drunk on greed and thinking they are smart enough that they will have a chair when reality hits and the music stops. Covid has crippled the actual economy and those who don't own stocks know it, but most of those who do own or trade stocks refuse to believe it. So many jobs have either been permanently eliminated, or it will take a long time for them to come back, that stocks make absolutely no sense right now. When the bloodbath starts - it will be really ugly.
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