The Bull Market and the Pandemic

I think the stocks have gotten a little ahead of themselves for a number of reasons why has the bull market occurred given the pandemic. All that money that would normally go into plant and equipment and labor has made its way into the equities markets. I haven't seen insider selling this aggressive in years nor have I seen public buying this aggressively in years. Central bank policies no way of sense are buts about it every central bank of consequence has been expansionary and they're going to continue to be expansionary so I do think that that means that we'll see a resurgence of inflation over the next four or five years.