Dow, S&P, & Bitcoin Soar To Record Close As Dollar & Gold Sink

At the most extreme valuations in history, that proposition might, and should, be obvious, but it simply did not compute in the short-term thinking of the anchors – one whose furrowed brow and scrunched facial expressions vacillated between annoyance, ridicule, and derision. The post-interview discussion instead included this interchange:

“I mean, last time around when you talked to him and he called it a bubble, it did seem a little more plausible. It seems like he’s doubling down.”

“You start to weigh out the possibilities that he could be missing a further rally in the markets.”

Oh, man. The unwinding of this bubble is going to be painful.

https://www.zerohedge.com/markets/dow-bitcoin-soar-record-close-dollar-gold-sink