Former CNBC Senior Markets Correspondent Bob Pisani posted on X, highlighting the persistent trend of rampant speculation in stocks following a significant increase in the money supply. Pisani draws parallels between the current financial environment and historical events, specifically referencing the situation in 1791. This pattern appears to be an inherent characteristic of the U.S. financial system, suggesting that the speculative behavior observed today is not a new phenomenon but rather a recurring feature.
