Really hoping someone might be able to educate me a bit here. Before COVID, I feel like the economy was doing really well and outlook was great. Then there was a steep drop followed by unprecedented Fed intervention. Now we’re starting to feel the effects of that intervention. On top of that, we have a war that’s affecting oil supply and supply chains. People can’t afford housing and food to the levels they could before. Yet stocks like Apple are still at a whopping 2.4 trillion market cap. Any time SPY falls a bit the dip gets bought back up.
I don’t understand. Really hoping someone has some insight as to how this is happening. Thanks!
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