I suspect that we will see a fairly painful reckoning in the markets, probably within the next twelve months, but maybe not just yet.
While the lines of 'support' hold, the Fed has the wind at the back of the financial paper markets.
If you wish to know why there is no organic, broad-based recovery in the US, and probably the UK and Europe, listen to this short explanation from Elizabeth Warren here.
Have a pleasant evening.
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