It does not matter if you are an active trader or investor. The information in this post is valuable and should be recognized so you don’t get caught up in the ridiculous earnings and accounting being reported.
While this is great for share prices and market sentiment, eventually the music will stop and those who cannot spot a market top will be the one left holding all the overprices shares and lose 30-60% of their investment when stocks do indeed correct and a bear market takes hold.