Of course, what is happening is institutionalized mal-investment. They are in the business of blowing bubbles with cheap credit, herding the masses from one disaster to another while their friends reap gains as each bubble is blown (and sometimes shorting their own investments on the side they know will fail while receiving bailouts from the public treasury).

This cheap (or free credit for the major banks) mandates artificial asset bubbles, price discovery mechanisms are broken. They keep blowing the hot air in through their computerized algorithmic high frequency trading machines. The input for their numerical models? Media headlines lol.

It is impossible for anyone with capital (or credit) to know where their money should be best placed to realize return on investment. The too big too fail crew don't worry about it since they have a credit line on your future taxes.