Why is the market ripping now, when it was sputtering/flat before the war started??

Summary

• The author is confused that the market is ripping to new highs during a war, given the pre-war flatness and expectation of a worse global economic environment.
• The thesis is that the market’s behavior appears irrational relative to the deteriorating macro backdrop.
• Quality assessment: Noise/speculation – the post is emotional and lacks structured data or analysis, relying on anecdotal observation.