Here’s my interpretation. Workers that lived off the “trickle down” effect of the economy lost their jobs. The govt injected money and created policy to help k

Here’s my interpretation. Workers that lived off the “trickle down” effect of the economy lost their jobs. The govt injected money and created policy to help keep those workers with food and shelter rather than let everything crash a year ago. If you were a high skilled worker you never lost your job and you no longer had the same outlets to spend your money. You probably saved money and now have a surplus of cash. So a year later everything is frothy and real asset prices are on the rise. The Fed still doesn’t think we’re back to ‘normal’ yet so low interest rates and cash injection will continue.