At Monday’s close, the S&P 500 had doubled compared with its pandemic-low in March 2020.
Even though some analysts have repeatedly cautioned that market might be getting ahead of itself, vaccines are here, the recovery is chugging along and the Fed hasn’t turned off the cheap money taps yet.
A different market
More than a year after the depth of the pandemic, the market looks different — even though some worries remain about the continued success of stocks.
Meanwhile, consumer sentiment has taken a hit.