Melt up? More money poured into stocks in past five months than last 12 years
Repost from 4-9-2021
“’Goldilocks and melt-up are popular terms this week and we think that can be seen through market valuation,’ said Emmanuel Cau, head of European equity strategy at Barclays. ‘We remain optimistic but there’s less upside left in our view.’”
USAGOLD note: All for the love of stocks or the result of overly ambitious money creation?