Since 2008-09, Fed funds have stayed in the bottom third of the past 75 years of rates, with roughly 10 of 15-16 years at zero, creating a 15-year 'chichin chong' asset bubble in which the S&P rose ~11-12 fold and NASDAQ 100 over 20-fold because money was effectively free; this is the biggest asset bubble the US has ever seen.
causalpending
Speaker
Michael OliverEvidence Quote
“this is one of the biggest bull markets in history... This one you had a 11 12-fold increase in the S&P since 2009”
Source
Worst Bear Market Of Our Lifetime To Start In 2026? | Michael Oliver— Adam Taggart | Thoughtful Money®Created: 6/18/2026, 1:59:24 PM
My Notes
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