[oldasrocks]

So someone explain why the market is going up

[Theoria]

Markets have long diverged from the real economy.

[DoughtyOne]

Markets never go in straight lines.

We’ve seen an awful lot of selloff during this year.

Part of the reason is that people have to do something with
their money. Certain folks will put some in the market when
they think things will get better.

I don’t see a lot of better ahead, but the market’s
resilience has surprised me before.

During the COVID lockdown and business drop-off, it was
amazing how well the market held to its highs and even
went higher.

I’m no expert, so I’d rather see someone else chime in
who knows a lot more about it than I do.