Millennials working from home may be moving the market

By Paul R. La Monica

Stocks are still significantly higher than where they were in mid-March, even after Thursday’s blood curdling drop. Many experts have been scratching their heads wondering who is investing right now.

The economy and corporate profits are in free fall because of the Covid-19 outbreak. So is the market being propped up by the Federal Reserve — which is now buying ETFs — and big mutual funds, hedge funds and other institutional investors hunting for bargains?

To read more:

Leave a Reply

Your email address will not be published. Required fields are marked *