The rising tide that doesn’t lift all boats

Every day there is a major event that will move the markets. Trade wars, currency wars, oil wars, pandemics, depression levels of unemployment, conspiracy theories; you name it Are there any more surprises left? Perhaps. With complete disregard for any of those events, the market keeps marching higher. Yes, the stock market is a leading indicator of the broader economy, but it seems like the broader consequences of the above events has not yet sunk in. There is a massive disconnect between the markets and the economy. For better or worse, the tech giants are at the perfect position to…...