re: What do we see next, S&P 500 at 6000 or 4000?

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The market just hasn’t made any logical sense in the last 3 years.

I remember a friend once saying off handedly that the market has become totally detached from reality for years now. I think about that a lot

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As long as there is payroll, there will be large sums of new money being dumped into the market each week.
And those large sums are inflation adjusted (a benchmark on deposits this year is much easier than that same benchmark 10 years ago).

The only thing slowing that down would be unemployment, and we don't have an unemployment problem.