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by giantg2 1482 days ago
It's not inflation inflation. It's somewhat due asset class "inflation" (really overvaluation). There's tons of money looking for a productive place to park. With interest rates low and inflation high, stocks are one of the few place to put money that it actually makes something. You also have trillions of various assets being held by the Fed, which includes billions in ETFs. The market is overvalued by most measures right now.