Does Cathy Newman (Channel 4 News) really have to ask this question?
The stock market is booming because of inflation. The mind-boggling sums of money released into western economies by "QE" (started in the United Kingdom by Gordon Brown let us not forget) are being used to inflate the prices of assets - all assets including shares. Presumably this will also mean a house price bubble, especially as it will be impossible to control the money supply by putting up interest rates (if they did that there would be very large scale house repossessions which would mean the end of any government in power at the time).
As Margot Channing would advise: fasten your seatbelts, it's going to be a bumpy night.
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