Companies are growing their revenues, and are making healthy profits.
A good chunk of those profits are paid out as dividends.
If dividend yield is much higher than those tiny interest rates, why wouldn't you borrow money, invest, and enjoy dividends?
It's the rational thing to do, and hence, demand for stock is up, stock price is up.
But as long as the corporations keep distributing, it makes sense.
Companies are growing their revenues, and are making healthy profits.
A good chunk of those profits are paid out as dividends. If dividend yield is much higher than those tiny interest rates, why wouldn't you borrow money, invest, and enjoy dividends? It's the rational thing to do, and hence, demand for stock is up, stock price is up. But as long as the corporations keep distributing, it makes sense.