Quote from Spectre2007:
- pension funds buy in.. push equities up. No other place to go.
- fed tells banks ....pssstt.. keep indexes up!.. (QE4). Heres 50 billion to help you out.
- institutions buy/sell from each other, sponsored issues, raising equities up and their profits/bonuses.
..its the forever perpetual ponzi scheme, called equities.
its not their money they are playing with,.