Markets are at record highs and interest rates have been falling. Why? The Fed threw in the towel and pumped another $400 billion of liquidity into bond markets. The Fed has completely taken over the market. Price discovery is a huge joke at this point. Republicans have become the exact opposite of fiscally responsible, although I am not sure they ever were. Either way, it's hard to gloat about an economy that cannot continue without massive money printing. When the shit finally hits the fan, there is going to be a lot of pain.
