But the market is forward looking and it is looking at +GDP for the next year. Just think how much betterhigher growth rates will catupult the market. There's so much money chasing few stocks = asset inflation and the food and energy inflation . And you have to pay to have your money in the bank. Blame the FED for printing it and the POLTICIANs spending money now we the taxpayer will have to pay back later.
Which makes you think when we run out of liquidity gas that a 10% correction will turn to a 20% to a 30% correction. Until everybody books the profits they have made in the last 6 years..
Your right its funny money now but it will be lost money later.