Day Trader’s Long Weekend Aftermarket Lounge 5-8 June 2020, page-98

The Dow & the ASX do not seem to be making sense - the strength in the market appears to be in an inverse relationship to what is happening on the ground - why - Quantitative Easing???

I just came across the following from an unlikely place (Travel Doc) that might be worth reflecting upon:

"Joseph Schumpeter, the Austrian economist who came up with the term “creativedestruction” in the 1940s to describe his theory that the way money moves evolves in much the same way that plants and animals do. He said mutation, caused by changes in the economic environment, “incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.” He called this “the essential fact about capitalism.” "

See "Unlearn: The Year the Earth Stood Still" by Bruce Poon Tip

Is our monetary system changing to something new in that the markets are moving apart from the reality on the ground??
Thoughts : )