Don't thank the gods (only), thank the enormous fiscal and monetary stimulus, resulting in printing money at an out of control rate, which money has to find its way somewhere, including stonks!!!
The price for a 20lb bag of bird seed at Home Depot has gone from 7 bux per bag to 9 bux, in the past six months. The fak! Bird seed? That ain't simple ol' price gouging. Something else is going on.
Its either fat birds, or the price diesel fuel north of $4/gallon. Something else going on....? Yeah. Maybe its big oil stickin' it to Joe; because you can't tell me anything has changed that much in 4 months. Talk about f'n price gouging. Its the same as it ever was... big oil can control inflation... they just skim all those extra dollars out of the economy. $3.19 a gallon for unleaded. $5 in Jersey. Yeah. That's the Keystone XL. "Moooore to the picture...."
https://www.newsweek.com/china-stat...r-war-us-after-biden-asks-covid-probe-1596568 And yet markets/futs not dropping.... incredible bubble mkt
Because it is much ado about nothing, just bluster. Both sides learned the simulated results of MAD during the cold war. It will never happen.
The author of the article in the Global Times is their editor-in-chief, so he probably only has non-nuclear buttons to push.