facebookIt only took 354 days for S&P500 to double since the COVID dip last year. Apart from pent up demand for goods and services coupled with government stimulus, what could be some other factors? - Seedly

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Albert Tan

Financial Literacy & Solutions at MoneyOwl

18 Aug 2021

General Investing

It only took 354 days for S&P500 to double since the COVID dip last year. Apart from pent up demand for goods and services coupled with government stimulus, what could be some other factors?

https://www.cnbc.com/2021/08/16/sp-500-doubles-...

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  • Tech companies, representing bulk of the market cap, performed well during the pandemic
  • Lack of other alternative investment opportunities

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