This article lists 5 reasons: 1. Bets on a “V-Shaped” Recovery 2. Market Leaders Keep Rising 3. Corporate-Earnings Expectations Remain High 4. Old Habits Di

This article lists 5 reasons: 1. Bets on a “V-Shaped” Recovery 2. Market Leaders Keep Rising 3. Corporate-Earnings Expectations Remain High 4. Old Habits Die Hard 5. The Fed’s Backing The market misses an important point: a solution to the Coronavirus threat. It could be a drug, a vaccine, tracing technology. We don't know. The virus can also go away on its own. The market predicts this threat is somehow going away. But I can't predict.