End of Cheap Money and a Long Bull Market Interest rates are skyrocketing up to 5% due to rising inflation. Borrowing costs have been falling for decades and Covid-19 has 'glued them to the floor' (The Economist). Capital Evaporating Due to quantitative easing (QE) central banks went overdrive during the pandemic, using it to invest in safe assets such as governmental bonds which depressed yields. Investors turned to alternative assets and junk bonds soared. QE has stopped du
