[If so, it could only help stocks, which rise with cash flows, as we saw in the go-go 1990s.] You can’t have go-go without flow-flow, … It’s always easy money that creates the speculative excesses in global booms.
[If so, it could only help stocks, which rise with cash flows, as we saw in the go-go 1990s.] You can’t have go-go without flow-flow, … It’s always easy money that creates the speculative excesses in global booms.
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