Listen, people are running out of superlatives when it comes to describing the inexorable rally in equities.
Wait, that's not entirely true. Donald Trump isn't running out of superlatives because his vocabulary consists entirely of superlatives.
But outside of the President, people are literally at a loss for words. “Even if you were the bullest of the bulls, this crazy rally start to the year took you off guard,” Michael Antonelli, an institutional equity sales trader and managing director at Baird told Bloomberg on Friday. “We've completely run out of ways to describe what's happening. We get asked a lot, are you seeing anything different that could explain the rally? The answer is no.”
What could go wrong?
Nothing. Obviously.
Because it's not like Icarus fell into the ocean and drowned in the myth.