The economy is bad – but so was 2020 – how did the stock market perform so well then?


Excuse me for my ignorant question as I'm new and just trying to learn. Someone please explain to me because I don't understand. 2020 was the worst year for economic growth since WWII but the stock market performed pretty well that year, especially during the second half. The economy was probably worse than it is now (maybe I'm wrong?) but it's been an absolute bloodbath. How did the market rally so much in 2020 when the world was burning with businesses all over the world getting severely impacted by the pandemic and people losing jobs left and right?


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