The Federal Reserve pushes for a 2021-style risk rebound, Wall Street's "nirvana" is approaching
Source: CoinWorld
Time: 2025-09-20 05:11:16
The Fed's interest rate cut this week drove a general rise in cross-asset markets, setting the strongest gain since 2021, and risk appetite surged. Junk bonds and loss-making technology stocks rose, global stock markets hit record highs, and credit spreads narrowed to 1998 levels, heralding the market's shift from fear to greed.