Why have global stock markets gone up this year?
Getty ImagesAround the world, millions of people have lost their jobs or been paid by their governments to stay at home.
Yet stock markets have bounced back from steep drops in March.
The most striking gains have been made in the US, with the tech-heavy Nasdaq up a whopping 42% and the wider S&P 500 up 15% on the year.
While it is still down 14% since the start of the year, it has seen a steady rise over the last few months and received a recent boost after a trade deal with the EU was reached and another vaccine was approved.
Some of the growth is down to the way we measure the performance of stock markets, and some might be down to some overenthusiasm, according to investors.
There is also the matter of the amount of money central banks…
