The contrast seems rather unpalatable. Hundreds of thousands dead, millions infected, national economies closed down. The last 2 weeks have also seen what feel like era defining protests across the modern world aimed at correcting centuries of injustices. Are markets "seeing through" future risks or simply being inflated by central bank largesse? Are markets even functioning in any rational manner any more? Do you stay on the train to avoid missing out on a Fed backstopped boom? Or look to the fundamentals of where the next 12 months will see us? Or is this the same thing....