S&P 500 Index gained 18% in 2020

[muriel_volestrangler]

1. It's a sign that the big companies have increased their dominance of their markets

and the market thinks they will hold on to their gains, even when the virus is under control. And that it was always possible to pump money into the economy; that's been done because Republicans face re-election and so ditched their claims about what debt was unsustainable. But a lot of that has ended up with the largest corporations.