With interest rates near 0%, equities are one of the few places you can expect to earn a reasonable yield on capital. The Fed has made it clear they don't plan to raise rates in the foreseeable future, so don't count on the demand for stocks to go away anytime soon.
If you're curious about how retail confidence is holding up, here's a dashboard I'm building to track discussion on the notorious WallStreetBets subreddit: https://www.quiverquant.com/wallstreetbets/
If you're curious about how retail confidence is holding up, here's a dashboard I'm building to track discussion on the notorious WallStreetBets subreddit: https://www.quiverquant.com/wallstreetbets/