Okay, you've identified the factual component of the Why of the correlation, now Why is the S&P 500 completely detached from fundamentals like P/E and quarterly reporting?
I mean you're technically correct but then again it's like saying "the skin on your thigh is extremely distended and painful but that's because of the infected boil on it" as if the context is reasonable. Unfortunately it is not.
Disclosure: have financial positions based on collapse of US economy (see my Medium article for more)
I mean you're technically correct but then again it's like saying "the skin on your thigh is extremely distended and painful but that's because of the infected boil on it" as if the context is reasonable. Unfortunately it is not.
Disclosure: have financial positions based on collapse of US economy (see my Medium article for more)