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Wednesday, July 22, 2020

What Keeps the US Stock Market Up?


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The US stock market remains stuck at the highs. While some indices already made new all-time highs for the year (e.g., Nasdaq 100), the other ones are in the close vicinity of doing the same, or at least to turn positive for the year (Dow Jones, S&P500).
Who is buying stocks in a pandemic, and why investors take the risk of owning companies at sky-high valuations? This article looks at some explanations.
Retail Traders Keep…

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