A combination of FOMO and the never-ending flow of passive money into the market, which is 45%+ [1] and probably growing. Passive investors do not analyze thei

A combination of FOMO and the never-ending flow of passive money into the market, which is 45%+ [1] and probably growing. Passive investors do not analyze their investments, they blindly buy market indices like the S&P 500. With all of the stimulus into the economy, that flow of passive investment money is probably not too impaired, yet. 1. https://www.cnbc.com/2019/03/19/passive-investing-now-controls-nearly-half-the-us-stock-market.html https://www.cnbc.com/2019/03/19/passive-investing-now-contro...