RE:RE:RE:RE:RE:Volatility in markets Your hesitancy makes sense.
I think what we all need to remember is that we are in totally new territory. I'm not sure that any existing economic theory is necessarily reliable right now. The financial media likes to make broad statements like " Markets reacted today to (pick your news item) ", but the truth is that they don't have any better handle on the reasons behind ups and downs than we do. That goes for the Fed and other central banks as well. At least the current administration gives every sign that they intend to walk softly through the minefield.
With the billionaire class sitting on unprecedented trillions of unearned capital, they can't simply pull it out and invest it elsewhere. It's not a stable way to run an economy, I'm a big fan of stock markets being primarily used for their original purpose of funding business investment, but I've been feeling for years that the markets are no longer actually linked to the underlying economy, and pandemic has disconnected it further.