The Federal Reserves policy making body released minutes last Wednesday of its July 28-29 meeting and expressed concern about the coronaviruss continuing impact on the economy. Much of the concern was over the future of the economy, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system. The stock markets (NASDAQ, S&P, etc.) seem to be sending a different message. Markets have recovered from March lows and are reaching all-time highs. Should we believe the FED or the stock markets? Are stock markets overvalued? What are these so-called dangers to the financial system?