By Brian M. Reiser COVID-19 has killed over 230,000 people. It has ravaged the world economy. People are staying home. And they are losing their jobs. So why is the stock market going up?
Why the stock market moves in general is complicated. But it also comes down fundamentals: supply and demand. The more people want to buy stocks, the more their prices will shift upwards. And vice-versa.
People only buy stocks when they believe that the potential reward is worth the risk. So when they buy stocks, they are optimistic that they will see prices rise over their holding period.
With all of the damage to …read more
