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Could the 'bliss' trade set millions up for a comfortable retirement? (opens original article in a new tab)

TL;DR

Wall Street and global markets have experienced prolonged gains, with some arguing government support has reduced crash risks, but experts warn of potential instability due to moral hazard and economic shocks.

  • Wall Street and global share markets have seen significant gains, with some suggesting governments and central banks support big companies to prevent crashes.
  • Analysts warn that government support and central bank interventions create moral hazard, where companies take excessive risks expecting bailouts.
  • Despite current stability, experts caution that a market crash remains possible if economic shocks disrupt the current support system.

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