I honestly don't see any reason to be optimistic about the market for now. For the very long term, yes, we should be optimistic. But for the next year or so, I think things be will be ugly and stinky.
One million persons recently fired in Canada plus 2000 more deaths due to Coronavirus each day in the USA (that number will surely continue to grow for some time). Governments investing a crazy amount of money to support an economy which is in coma for now. People like me getting paranoiac about the virus and about every people at the grocery. And breathing as little air as possible while I'm with strangers at the grocery.
I really believe that this crisis will have significant impacts in our mind, our shopping habits, our public finances and international relations (probably on many other levels which I don't think about right now). For instance, Trump will probably want to crush China after what happened.
Personnaly, I can't refrain to use the word "fucking" before the word "China" these days. Because what's happening is all the fault of these fucking bat-eaters. How come all the fucking bullshit we've faced over the recent years comes from China? What's wrong with them? Germs and virus are not supposed to be in India instead of China?
I'm a much more moderate person than Trump... So, let's imagine what that big mofo's gonna do and say after the crisis. I believe that relations with China will be much more complicated.
So, tell me, how come does the market is so optimistic these days? Anticipation of a better future? Yes. But since when does the market is optimistic about something that will happen so far away and after so many problems?