91% of the Insiders Know the Game’s Rigged A new Bank of America survey lays it bare: nearly every professional money manager says U.S. stocks are overpriced — the highest reading since they started asking in 2001, right before the last tech bubble detonated. And yet, they keep their chips on the table. Why? Because they think the Fed will keep the game running just long enough for them to slip away before the collapse. The Fed’s “Hopium IV Drip” Is Keeping the Bubble Alive Markets are floating higher on the fantasy that the Federal Reserve will ride in with rate cuts to “save” the economy. In reality, this is the classic late-stage bubble — BofA itself warns it could…
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