To me it appears the USA is in significant economic decline...I see many empty store fronts and closed businesses. In light of all this, the government is using COVID to take away civil liberties.
My question: is the government propping up the stock market to placate the population and keep them from revolting? The average citizen sees that his 401K is exploding, thus while he observes complete economic collapse around him he believes he will be OK in the end because of all the money he has generated through investments. Thus the average citizen believes he will have an economic future ahead of him due to the stock market climb.
I'm no economic expert and this is merely a theory that came across my mind.
I absolutely believe this to be the case. Sometimes not having expertise in an area helps you to see truths as an outsider using common sense alone. Economy is decimated , an incoming President that is openly pushing for more lockdowns, climate change regulations etc and the stock market is UP??
The question is if they can inflate it, they can crash it next. When will that happen ? When they've perfected their chipping/digital currency /5 G smart grid infrastructure?