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by wikiman 2260 days ago
The market is reactive to relatively short-term inputs. I'm looking at a few things that are causing the jump:

- Some of it is inflationary as others have pointed out. There's a lot of money entering the system right now, and markets tend to go up on that

- Some of it is short sellers realizing gains from the last month and exiting their trades (the effect of closing a short causes markets to rise)

- Some of it is psychological reactions to dropping death estimates, and concurrent optimism that things will go back to "normal" soon (or at least sooner than previously thought)

What the market did 12/21/18 is sort of irrelevant