Over the past few days, US stock markets have shown staggering volatility. On one day, it took just 23 minutes to wipe out $2.5 trillion in market capitalisation. On another—April 10, 2025—it took only a few hours to gain $5 trillion.So much liquidity sits on the sidelines that it floods back into the market at the slightest whiff of probable cause. Frenzied buying and selling sprees, along with sky-high valuations, demand a closer look at - money printing, leverage, foreign capital, concentration of wealth, and investor psychology – all of which are fuelling this environment.