You're probably right, but keep in mind that for the past 100 years we have seen a systematic trend in lower interest rates that brought massive debt expansion

You're probably right, but keep in mind that for the past 100 years we have seen a systematic trend in lower interest rates that brought massive debt expansion and financialization of the economy. We are at the 0% interest rate at the moment so monetary expansion will be more difficult, unless the FED does direct equity purchases like the ECB did. So it's worth considering other outcomes as well, like stagflation, MMT or massive devaluation of our currencies. Some of these outcomes are very bullish for equities, but it's hard to say where things are headed at the moment.