Z1P - What will be the bottom before the bounce., page-343

No one would have thought for a second that banks actually carry greater risks later on because 1)the rates are so low that their profit margin gets greatly squeezed 2)credit card debts can fall into bad debt too since people cant repay.

if you extend your thoughts to another level: business to business accounts are normally 30 days term and tons of small business may never pay back and hence another business would suffer. ALL BUSINESSES not only Zip are facing bad debt risks.

Keeping rates really low with a record % of saving rate would force people to invest or spend the money instead of sitting in the bank for nothing. Equity market would be the easier to get in. When people receive earned equity from stock market and they will spend it back which lots of businesses can survive.

The stock market isnt going to fight with Fed and it will unfortunately only go up from now due to inflation. Holding any asset which does well in pandemic would be a great hedge against inflation.