Why Is The Market Doing So Well lately?
We’ve basically had a full blown bull market since the market bottom in March. The S&P has a positive 34% return in just two months. How does that make any sense at all? Unemployment is higher than any time since the Great Depression. The death toll from Covid-19 continues to climb slowly, and everybody still says that a vaccine is a year away at least. What gives? It seems like the market has become completely disconnected from reality.