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The market rallied because it accurately predicted there would be a strong economic recovery in 2021/2022.

• dwater 6y ago
  That is not true, it hasn't accurately predicted anything. 96% of 2021 and 2022 haven't happened yet.
  • chii 6y ago
    That's why it's called a prediction, and not a record. The market prediction doesn't mean it's going to happen - but it's likely. If the market prediction turns out to be wrong, then there'd be a correction in price (aka, another crash).
    • dwater 6y ago
      Sure, and in order to determine if a prediction is correct or incorrect, you have to wait for the event to occur. To make the above statement true you would have to either remove the word "accurately" or wait until the end of 2022.