An Absurd Exuberance Continues in The New Year

THE year of 2020 might just be the most absurd year in global financial market history. An anomaly appeared during the pandemic. The tenets of investment changed entirely. The financial market not only survived the greatest economic crisis of all the time, it was even engulfed in irrational euphoria.

The market should, more or less, reflect the fundamental conditions of the economy. If the economy is healthy, the price of various financial asset

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