Peter Lynch once said that stock prices are tied more closely American business profits than anything else. To quote Lt. Aldo Raine: “And cousin, business is a-boomin!” saunafool’s post and thread echoed everything I’m hearing. Nobody can sell stuff fast enough to keep up with demand. Nobody can hire workers fast enough. Wages are going up, which is good because that means people can afford to buy more stuff.
The trump card is do not fight the FED.
If you have positions you bought low stick with them.