What is happening to the stock market right now, why is it suddenly rallying to Post-COVID levels? Anyone has any insight?

The answers you’ve gotten from others are generally very helpful and it’s also worth reading up online for various opinion pieces. I agree with the general statements here and summarise it as follows, based on what I’ve read online so far:

1. The markets are pricing for the future, not the current market conditions. In other words, people are optimistic (even if incorrect assessment for short run) that this too shall pass.

2. The markets are, unfortunately, not priced by logical, systematic, non-biased group of individuals. It’s affected by all sorts of people, majority of which often buy and sell based on emotion.

Long run though, we may see a few more bear runs again, but Long term is always up; question is can you wait for it? Sometimes that may take years and we need to not panic.

I dont exactly see it as a "rally" , i see it that the Circuitbreaker or the lockdown has been way too long and it is only time for the economy to "slowly" pickup (not all stocks climbed up, some are still lacking of activities) , some malls/office buildings finally get to operate/open up or allowed to work at premise, which is why u get to see some "activities" in REITs or retail/commercial

in the past, u get to divert your funds to bills/notes or saving bonds but now???https://www.facebook.com/147322899276238/posts/...

since there are no good rates, then we better do something else, rather than letting our eggs rot...

Rebound is expected as there is nothing wrong with being forward-looking for Vaccines, and other solutions. If everything is to be pulled down just by a Flu (Pandemic), then it is truly a joke!! Let's have faith in humans, who will know how to use their brains to get onto another bandwagon to sell their products and to create new biz opportunities (that in a way, will lead to other related biz opportunities again)

If a slight rebound is not to be expected, why then is Fed or sg govt doing so much(eg by digging into reserves) , forking out such a high % of their GDP to boost the economy, why save SQ then?? when all these measures are not gonna improve the situation at all???

Let's see who has the final laugh, of course there will be some form of Unemployment (depending on the industry), but a good government is using their might to save jobs and to save her people.....Analysts would alwys want to put fwd a conservative prediction but that doesnt mean they have the best bet

there is never a time when things are "truly sustainable" or "predictable", in every crisis, there lies an opportunity please! But good to do better investment planning than to chiong for stocks​​​