You would not normally think of these things this way at all, but sadly that is the new reality.
If the market itself is subsidized, under these conditions, what else would you buy less riskily with your fiat currency?
Margin, greater risks.
Other assets, less certain, less return.
Gold, not on.
P/E value ratios, also out the window, they say, with QE and 0% and tech.
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