Two 1k drops in a month. Asset bubbles everywhere because of lax monetary policy and a general decoupling of stock prices from fundamentals.
Target Corp. collapsing today because of high shipping costs. Costco potentially next. Tech mini-bubble popping. I’m looking at REITs and some BDCs that fell out of favor once the Fed started raising rates. There’s a lot of worrisome data coming out of the labor markets, even while official unemployment is low.