They lied.
cool.
And?
🍿
Everyone knows that QE has had its impact. Much more relevant though are: 1) Is the US continued to be seen as THE place to invest due to the rest of the world going to shills? 2) How mich longer is the runway until we’re entering a recession? 12 months? 36 months? Nobody knows. So “they”, whoever that is, didn’t lie. It’s just more complicated. And what’s the alternative?
You work for Sch?
What does this mean?
What conclusion are you drawing here?
That at some point relatively soon the rate of money flowing Into these deals is going to shift dramatically. Reversion from the parabolic rate of change...and then likely start the whole process over again after several years of accumulation.