As zerohedge crowd have been absolutely correctly commenting on recently. Prices of equities and bonds and many other asset classes do not trade based on fundamentals but based on current level of central bank insanity.
Dow, for example, these days has nothing to do with number of cars, potash, iphones or CPU's or other goods and services produced and consumed. It has, however, everything do to with and only with how much QE Ben and Marv have pushed out of their wasoo during every given week. Trade that. Or alternatively, just buy some bitcoins and you can start ignoring reality for the next decade or so.
