Ask HN: Why is the stock market up 30%+ from pre-Covid levels?
4 by bko | 0 comments on Hacker News.
I've been thinking about this for a while, and wrote about it in my blog (in profile) as I've been trying to hedge what I see as the inevitable market blow up. Does anyone have any explanation as to why asset prices are up so much across the board apart from fed easy money policy? Is there any way this could end well, or continue trucking on indefinitely (3-5 year time-frame)? And what are some effective ways to mitigate downside risk?