Does anyone else think its weird the stock market bounced back so well after the march plunge?
I can understand how individual companies might have actually benefited from Covid, including some tech stocks. But with historically ridiculous unemployment figures and GDP numbers, I would think Wall Street would be a bit gloomier.
I get the whole, buy em while they are cheap idea. and that the stock market is priced on the future. Just because earnings are down today doesn’t mean they will down next year.
But i don’t think reality has set in yet.