Algebris CEO Says Market Sees Corporate Tax as Cash Back

The transcript discusses whether to focus on tax reform or presidential impacts, highlighting short-term corporate benefits from tax cuts, especially for US financials. It notes the market's inability to resist due to central bank actions and increased earnings, despite awareness of the situation's unsustainability.

In what ways is the current economic situation described as unsustainable?

What are the potential consequences if cash stops being injected into the economy?