Is there any making sense of stock prices. In the face of a global downturn, they have generally remained strong. A short look at the substructure, focusing on the "Fed put," the history of the Fed insuring financial markets against losses.
aharvey.substack.com/p/whats-with...
aharvey.substack.com
What’s with the stock market?
Is there any making sense of its continued strength?
