how dafuq is this market still on all time highs?

so, explain this cuck fucking piece of shit of a stock market to me are we still doing data centers in space? ai ai ai agents continue to shit themselves, while cheap local models get 90% of the job done dafuq is the bull case now? are we trying to pump snp500 trailing p/e to 46 just for fun? i am all ears bulls, give it to me straight

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