Part of the joke is who even constitutes "value investors". As the MAG7 bloat the S&P, it's increasingly just a handful of companies passing the same dollar back and forth as fast as possible, with the expectation that they'll get bailed out by the Feds when the game is up.

Sad thing is, they're probably right. Trump's trying to get the Fed to loosen rates on the heels of an inflationary wave in order to guarantee enough exit liquidity before the market crashes.

Then we'll get another brutal privatization wave, with conservatives preaching deficit hawkery in order to justify abolishing Medicare, SS, national parks, public education, anything that can be liquidated for a quick buck.

Doors that go like this | | not like this / \