[tree_enjoyer]

The alternative to a huge bubble is that it's ripple effects of inflation. All assets go up, RE, equities, btc, and gold/PMs because there's simply more money in circulation and so more ends up in investments of all categories.

Perhaps a little of each

[FollowingTheDao]

Yes, is the tiny 25 bp decrease in the Fed Rate we just had partially responsible for this sudden uptick in equities? If so I think it marks a kind of desperation. If there is no where else to invest, like tresuries, they push it in every other market you can.

Or, do they know the job report that did not come out this week is horrible and this is the insider pump before the dump? The Shiller price-to-earnings ratio has climbed to 40.08. Insanity like .com bubble.