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Counterintuitively I can see a case for the rally because things are closed. People are spending less in addition to fed easing and face uncertainty on a person
by Nasrudith 6y ago
Counterintuitively I can see a case for the rally because things are closed. People are spending less in addition to fed easing and face uncertainty on a personal level while knowing the marker will eventually recover. Better to keep your stock in Tesla than to buy a Tesla right now essentially.
With little worth withdrawing their investments for there is less "sell pressure" which helps keep values up.
Ironically this implied an improvement in the general economy could crash values if a demand boom causes more volume of selling demand than buying demand.