why? why are you and the rest of the global population drinking...

why? why are you and the rest of the global population drinking the Kool-Aid that multi-year trends of poor wage growth, low inflation, declines in the auto industry etc are going to change just because we're coming out of the worst recession we have experienced since the great depression? It's ludicrous!!!!! Let me save you the suspense. Idiots are pumping the reflation/recovery stocks both in the 200 and in the DOW to unsustainable levels that is going to cause the next correction. All that is happening at the moment is that our and global economies are back or getting close to back to normal. At least in the developed world. The developed economies were shit as far as GDP and wage growth and inflation before COVID arrived. Even at record low interest rates. Why is it now going to be different? Because the RBA has dropped the cash rate by another 25 basis points, provided short term stimulus to first home property buyers or because Biden has given certain people $1400 checks that will either get banked, chucked into SPAC stocks or given to those in need???? Come on man. What is going to happen is that the DOW and the 200 are going to drop a minimum of 10 points, people are going to realise that the global economy has shit growth with now even more debt and the world will go back to buying tech stocks because tech is what has led the world over the last two decades and will continue to do so in the next two.