On Tulips.

Am I the only one who thinks the world has gone insane?

The hottest stocks out there are ones with price to earnings ratios of 100+ (or some multiple thereof).

Their only business model is to grow their stock valuation and to put everyone else out of business.

The "real economy" is approaching 25% unemployment and the first drop in real GDP in decades.

CEO's say "nothing to see here, move along, wait until 2021 and maybe earnings will be better".

But people keep buying stocks. Anyone who tries to make money shorting will be drowned out by everyone else's FOMO.

It's like the Fed pointed a gun to our heads and said "buy tulips, or else."

This is not a market anymore.