More money has been raised in IPOs in 2020 than in any year since the financial crash, according to Dealogic, and this year may surpass the 2007 peak. Markets have surged to all-time highs amid monetary stimulus measures and the prospect of a coronavirus vaccine boosting the economic recovery.
Sure, we can call it asset price inflation. We can also call it people moving out along the risk curve. The aim and idea of doing QE…….