Anecdotal from conversations with my friends: 1. People are worried about their stock investments losing value due to the Covid economy. 2. Some people can'

Anecdotal from conversations with my friends: 1. People are worried about their stock investments losing value due to the Covid economy. 2. Some people can't imagine putting their money in anything but stocks. 3. Ergo, there's a lot of demand for stocks that are familiar to casual investors and feel relatively safer from the effects of Covid.