Lt cap,

Article was somewhat depressive to me, as if the market were to return to 'normal' mechanics, I'd have some idea of what to buy/get ride of, etc.

I am still flumoxed by how this market, once Trump was elected, continue to go rocketing up. And he can't seem to implement his agenda. Although health care is still a conundrum (As well as alienating our friens), I'm guess that infrastructure spending would pass, given that Democrats  would back it, but not a huge 'gift' of a tax cut of the rates charged against businises. I underastand that *if* such proposal come to fruiition, it's have a positive market effect. But he hes no choherent poicy, and no guarantees that it'll get passed on Congress.

And I still  don't get things like, in the article, slowly selling what was 'bought' by the feds/banks, with no effect on economic growth.

I've always maintained the position that all that'printed money' with no back would at least have *some* bad effects, but so far, can anybody tell me whtat they are? It seems ridiculous to me. I can only see that the 'wealth effect' is a continuing market driver that is still supported buy the fed. I'd be interested in anybodys'rationale'/opinion on these matter. I'm just puzzled to the point where I've bought very little of the market, and not sold much - because this irrational wealth effect seems like snake oil to me.