>We seem to have got into a phase where there was an assumption that near 0% rates were here to stay. We have and that was caused by the Fed as well. After the

>We seem to have got into a phase where there was an assumption that near 0% rates were here to stay. We have and that was caused by the Fed as well. After the 08 crisis the Fed kept the rate at 0% during what was basically the biggest 10 year bull run in history. It was insane and even many bankers I spoke with mentioned the causes of the original 08 scare/crash werent fixed, they were just band-aided heavily.