Be it the adoption, in the form of stimulus checks, of former presidential candidate Andrew Yang's flagship proposal of Universal Basic Income or the rise of Dogecoin, the pandemic era was widely understood by market commentators as an era in which inevitable historical trends were sent into warp speed. Prognosticating from their (our) Peloton bikes, investors bought into crypto and NFTs and EV stocks like the future had arrived—just sooner than expected.
