$3.7 BILLION HEDGE FUND: This market doesn't make any sense (AAPL)

The stock market's seemingly endless gains don't make much sense, according to a $3.7 billion hedge fund.
More than eight years into the market's latest bull cycle, the second-longest on record, stocks have rallied notably since President Trump was elected in November.
"People are just paying significantly more for assets without any fundamental improvement in those assets," Tourbillon Capital's Jason Karp wrote in a recent letter to investors that was reviewed by Business Insider