In that environment, any idiot - or anyone on Wall Street - could buy almost any asset, sit back, and watch its value increase. You know, like during the pandemic, when interest rates were at zero, the government was mailing checks everywhere, and it seemed everyone had so much real money, they were using it to buy fake money.
Wall Street desperately wants the stock market to go back to the good ol' days. Account icon An icon in the shape of a person's head and shoulders.
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