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Morgan Housel - The Psychology of Money

Financial Independence Podcast

CHAPTER

What's the Disconnect Between the Fed and the Small Cap Value Index?

Just five companies are doing extraordinarily well from a business sense, revenue profits, they're doing phenomenal right now. Another part of the disconnect is fetal resourve policy. They're dumping trillions of dollars in liquidity into the economy with the sole express intention of driving up acid prices. So whenever you have someone with virtually, not virtually re ly, an unlimited supply of money, that is willing to do anything to prop up asset prices, both in bonds and equity markets,. Of course it's that's what's going to occur. I say that in hindsiht an. If you go out to marc i wouldn't have expected they would be here this quickly but we would see something like

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