Quote:
Originally Posted by Leondros
The market come back is very strange to me. Nothing has really materially changed and if anything it looks like there is a potential to be back in some semblance of a quarantine in the fall.
What has materially changed since exactly one month ago when the S&P was at 2,400? Now its breaching 3,000, 400 off the high?
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Trillions in stimulus globally plus no alternatives to earn a return with yields (both for governments and corporates) dropping substantially? Who knows at this point...