"This new class of investor is feeling like a genius right about now and telling all their friends about it."

Isn't there an aphorism about irrational exuberance and blood in the streets?

"...Blackrock doesn't care if they destabilize the market."

"Institutions can't lose, they are going to make money no matter what..."

When has this sentiment before been voiced?

https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929

Hedge accordingly.

Thanks!