How come both companies and people have taken economic damage due to Corona, while still not being reflected in the stock markets? It simply does not add up and a correction will be made sooner or later. The stock market is currently unaffected by the real world effects of Corona.
It's like Corona never happened. But Corona did happen and still does.
Ask yourself if the economy of people around you has gotten worse or better since Corona came knocking on our doors. Poor people won't make a strong stock market.
Furthermore, all of these stimulus investments in the Stock market are insane. Why isn't the money used to invest in the real world? Because it's all about short term money and competition.
The fight is on and the losers are still few but that will change when reality catches up. This skyscraper will fall.