Lay people ask.
Why we have a stock Market Bubble that only gets bigger even even when the entire world shut down?
Answer is easy.
FED tells investors Zero Rates forever QE for eternity.
Government uses 10's of trillion to pump it up promises 10's trillions more.
No one sells.
Conversation
That and the feds basically given institutions and hedge firms the ability to flood the market with 0 interest loans.
At 0% they can flood if with as much as they want and steer it in whatever direction they wish.
It's alot easier to invest with unlimited free to borrow money.
0 rates will be gone soon once the feds has to admit inflation is a real problem. Economically the world is about to go on a roller coaster ride.