For the past couple of months the Stock Market has recovered from its initial drop from the pandemic, even setting new record highs. Can Wall Street continue to grow at its current pace, or do you foresee a drop sometime soon?
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It feels like the headline I see everyday is that the stock market rose on investors hope for the next stimulus bill or something similar. Obviously a lot of how the market is valued is based on how people feel but it seems like too much value has been placed on that recently and not enough on how companies are actually performing. Makes me think it can't continue like this forever but at the same time I don't know if that necessarily means a big drop in the market.