A company named “snowflake” (this is a real company), that has spent $623m to earn $265m in 2020 (SGA is 3x revenue!) went public for $64 BILLION. And NKLA, a publicly known fraud, still is worth $12.4 BILLION.
And the head of the Federal Reserve said they are going to try to get inflation by pumping cash in the market through 2023.
I don’t understand the world anymore.