What Counts

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It’s eye-opening to see what does and doesn’t matter to equity markets these days.

  • Hopeless war in Ukraine: doesn’t matter
  • Another hopeless war in Gaza: doesn’t matter
  • Over $33 trillion in debt: doesn’t matter
  • A guaranteed disaster, politically, in 2024: doesn’t matter
  • Grotesque maldistribution of wealth: doesn’t matter
  • Slowing economic growth doesn’t matter

OK, so what DOES matter? That’s easy! Janet Yellen’s free-money-to-her-friends BTFP, which hit yet another record and is almost $130 billion now! Wheeeeeeeeeee!!!!!!

the most evil woman to ever live