Stock market rally reminiscent of what led up to 2008 crisis

Yahoo!Finance/Zinya Salfiti/6-12-2023

“Investors should be wary of the ongoing stocks rally because it doesn’t reflect looming economic risks, and is reminiscent of the months that led up to the 2008 financial crisis, according to JPMorgan Asset Management’s chief investment officer.”

USAGOLD note; If we ever do actually confront a new 2008-style crisis, the Fed’s most likely response would be to introduce some new version of quantitative easing – a scenario under which the price of gold almost tripled. The bulk of stock market investors are ignoring warnings like the one detailed at the link above.