Or people don’t want to bet on volatility like consumer, and want to dump into high tech. Telsa sits at a weird overvalued intersection of having an influencer

Or people don’t want to bet on volatility like consumer, and want to dump into high tech. Telsa sits at a weird overvalued intersection of having an influencer as CEO, a price point not available to majority of the US and a promise of something they won’t be able to deliver for 10 years. Or what just park 20% of your portfolio in airlines and wait. Telsa is up 200% for no reason at all since crash. AAPL is up 27% YTD, because shutting down most of the planet somehow led to 27% growth. Or we can look at it another way, since US printed ~25% of annual GDP in 'free money' and USD remains the primary method of exchange, we are all trading in dollars that are worth 25% less, so nothing has changed but a buffer to pad numbers on balance sheets until the wheels start turning. Something that was done too late in 2008. And to disillusion people, its not that hard to pick stocks, and no the people at funds dont tend to be any better than you at their jobs. The industry is ran on finding and exploiting market inefficiencies, insider information, and hype. Watch MSNBC for a day and start guessing the days when DJI dips based on Covid coverage the day before.