Want to fuel an active debate among market participants? Ask them to interpret this chart from Bloomberg Markets. Views are likely to include, though not be limited to: Irrational exuberance Rational exuberance given the scale and scope of the now-strengthened Federal Reserve Put Justified given accelerating and, so-far, healthy re-openings around the world; and The chart has limited, if any information content given the earnings uncertainty (with, again, bulls and bears having opposing views). #markets #stocks #earnings #investing #federalreserve #volatility #economy #equities #assetallocation #investmentmanagement #stockmarket #fed #centralbanks #monetarypolicy …see more