Fintech pioneer, began programming on Wall Street in 1987. Heavy coder,early adopter,make art & trading models, sell market research. Fintech Lecturer in London.
http://coker.me
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While there has been sporadic sector weakness in the short term, since March 23rd, 2020, the S&P 500 has doubled from its pandemic low.
Undoubtedly this has been driven by government stimulus, which increased demand and has led to surging corporate profits. Because equities trade at a multiple of profits, stock prices have been rising over the past seventeen months.
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