Three charts for today.
US property prices keep rising despite COVID-19.
HK property prices not falling despite umbrella riots and COVID-19. This is the power of QE. Do not fight the Fed.
Another chart to drive the point home. Apple's market cap hit 2.34 trillion dollars. We were so excited then it was closing in one trillion just 18 months ago.
Do not fight the Fed.
Happy Chinese New Year! Huat Ah!