The chart that explains 2020’s crazy stock market: Morning Brief

Wednesday, December 30, 2020

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It’s all about earnings expectations.

2020 has been an interesting year in the stock market.

And as we wrap up the year, there is one simple question that lingers over the story of 2020: “Why have stocks gone up so much?”

Through Tuesday’s close, the S&P 500 (^GSPC) is up 15% this year and more than 60% from the March 23 lows. The Nasdaq (^IXIC) has done quite a…


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