3 ms·
Consider that trillions in new money were created out of thin air and that bond yields crashed. The discount rate for equities just got massively re-evaluated.
by dasudasu 6y ago
Consider that trillions in new money were created out of thin air and that bond yields crashed. The discount rate for equities just got massively re-evaluated. Also, only select sectors that were already overweighted by indices are up significantly from pre-pandemic levels.