Interesting times... 1. Some/many are "getting away" with not paying pay major bills for one reason or another (rent, mortgage, college loans, etc). 2. The government is handing our money willy-nilly for people to spend. 3. Makes the "economic numbers" look not all that bad... while everything underneath rots from within.
This decade is just going to keep going worse, I see the Pro Lockdown SAVE US brigade that caused all of this shit are starting to complain, tad late for you lot to wake up, something to make me happy, hope they get the brunt of it. More and More coming along to my way of thinking, even a Snowflake Ex, 2months back angry at my opinion, today she's read the real science side and agreeing with me.
Who cares if hotels and restaurants close down by the thousands and millions are unemployed? They can all start trading now and buy AAPL and TSLA and make 5% a day. Yaaaay Fed! What could possibly go wrong???
Here is a good article on the narrow breadth now at historic levels. https://ussanews.com/News1/2020/08/...nks-to-high-heaven-screams-imminent-risk-off/