Right before the corona crisis, the NASDAQ peaked at 9,817. It closed yesterday at 11,665. The tech-heavy index has been setting records consistently since mid-June. The S&P 500’s post-crash performance has been almost as good.It’s clear that investors are in a buying mood. Despite all of the uncertainty in recent weeks – the resurgence of COVID-19, the upcoming Presidential election, the stop-and-go economic progress – stocks are rising. Truist (formerly SunTrust) chief market strategist Keith Lerner sees the current rally as the real deal, not just another bubble, and reflective of a general optimism. He writes, “[The] stock market is …read more
Source:: Yahoo Finance
