Why the stock market boomed

[Loki]

A great analysis.

https://www.nytimes.com/2021/01/01/upshot/why-markets-boomed-2020.html

[Horace]

@loki Yeah, the savers are attempting to save themselves. To protect themselves. I made many multiples of my salary, in the stock market, in 2020. It was basically the fruition of what I have been working for, forever. Now others are catching on. I would say it can't last, but there are so many people just depending on the government to take what I've built, maybe there will be enough votes to keep them at bay, and then they will join me rather than beat me. We'll see how that turns out. Meanwhile, I think I'll buy some gold.

[Jolly]

I think that's wise.