Most of us know that Corp borrowing and paying dividends or buy backs, with  borrowed money has had the temporary effect of increasing stk values

But when the money paid to stay home ends in July and corp can no longer add debt to over indebted balance sheets, then you know a tusumia of  BK will come

Already we see BK increasing, P/E ratios resulting in many stks being way over valued, mall and other RE owners sending out 1000's of demands to pay debt, which mostly can't be paid with no or not enough income and some house holds without the means to pay the mortgage. This then puts pressure on the bank lenders and owners of RE balance sheets.

The only thing keeping this ponzi scheme afloat is the Fed with massive digital money and buying. Same can be said for most of the world banks.

I would think anybody wise enough to have gained greatly in the recent increase of stk values would also be wise enough to know the Fed can not keep stk values at over priced valuations for ever

The people who have increaed stk values are mighty proud of their performance

People who brag about their stk portfolio values may end up wishing they hd taken profits when prices were high

I have learned the market can make a person very humble at times