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I'm perplexed by the disconnect between the US stock market and the economy. Why does the stock market keep going up? Two explanations are common - (1) Hopium is the hope that the recovery will be swift and thorough, and (2) FOMO is fear of missing out. In other words, hope and greed. In an earlier article this year, I added a third reason - inflation in stock and bond prices caused by Quantitative Easing. And in this article, I add a fourth reason to the list - foreigners protecting their savings by holding