>>20334324Because it isn't going up that fast.
>Market on average before 2000 doubles ever 9 years or experiences near 100% growth>in 2000 SPY peaked at 150 it took until 2020 for SPY to double a price that should have occurred in... 2009>SPY should have doubled in value twice now between 2000-2020>this didn't happen though because in 2009 Everyone panicked into Bonds and sat on them instead of putting them back into the market causing SPY to lag for another 11 years>Covid caused such an insane panic that people pulled FUCKING EVERYTHING out of the market an put it into cash>however because Interest Rates were 0% there were no bonds to hide in causing people who had been hiding in bonds with nowhere to run back into the stock market>at the same time Gen XYZ are much more stable index investors then Boomers who will panic sell a 6% CD at the first sign of trouble have been holding the market stable>all this together has created a stock market environment that isn't going up to fast it is rebounding from a historically low level of growth >the stock market if it would have grown along the 100 average from pre 2000 would have seen SPY 300 in 2009 and SPY 600 in 2018 heading towards SPY 1200 in 2027 approximatelyIt has only just begun.
