IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IN 2020, HISTORIC FISCAL STIMULUS MEASURES ALONG WITH TRILLIONS IN FED FINANCING HAVE FACTORED HEAVILY IN ITS SWIFT REVERSAL
THE RESULT HAS BEEN ONE OF THE STEEPEST RALLIES IN S&P500 HISTORY,DESIPTE SOME ECONOMIC DOWNTERNS HAVE BEEN OCCURING, LIKE THE ECONOMY IS MIRRORING GRAT DEPRESSION LEVEL UNEMPLOYMENT NUMBERS REACHING 14.7% IN APRIL 2020,WHICH REVEALS THE SHARP DISCONNECT BETWEEN THE MARKETS AND BROADER ECONOMY
I DO THINK ,THE INVESTORS ARE REALIZING THAT THE RSCESSION THAT TOOK PLACE EARLY THIS YEAR WAS NOT DUE TO ECONOMIC PROBLEMS, IN ADDITION THEIR CONFIDENCE IN THE ACTIONS TAKEN BY THE US FED AND THE FISCAL STIMULUS
FINALLY THEY HAVE THE CONFIDENCE TO OVERCOME THIS CRISIS
THIS IS THE PSYCHOLGICAL ASPECT OF FINANCIAL MARKET INVESTORS
