Despite a health and economic crisis that is growing week by week, the world stock markets are celebrating.

Like the European financial centers on Monday, a wind of optimism is blowing over the sector, in the midst of a pandemic.

In question, several positive signs in the diplomatic world.

It is an almost euphoria: European stock markets rose strongly on Monday.

This is a sign of the optimism of the markets at the end of the year.

A paradox, as the pandemic continues to wreak havoc.

How can we explain it?

There has been a series of good news in recent days that reassured investors: the beginnings of vaccination in Europe, the Brexit agreement, the American stimulus plan which will finally come into force ... And on Monday, we also learned that Europe and China were about to agree on the mutual protection of their investments.

It all seems very technical, but in fact for the markets, these are all engines that are igniting for better growth next year, and this is part of the reason why all European stock markets rose yesterday . 

But can this trend continue next year? 

It is always difficult to predict what will happen in such a volatile field.

But, all the same, the prevailing feeling in the markets is that a crash is hardly possible today.

Why ?

Simply because the central banks have shown, once again, that they are ready to do anything to prevent a financial crisis from being added to the epidemic crisis.

When we say everything, it means that they can create money almost without limit.

Suddenly, there is a lot of money in the markets (we call that liquidity).

As a result, investors are buying securities all over the place.

We have seen sometimes staggering increases in the value of certain companies.

It is especially sensitive in the United States on the values ​​of Tech: between March and today for example, Wall Street increased by 65%, while the virus was raging in the world, that sets the tone . 

But who benefits from these huge increases? 

Not to speculators, contrary to what you might think.

Hedge funds or short sellers have not performed so well this year.

Those who are doing the best are American individuals.

Many have flocked to inexpensive trading applications, in particular to compensate for falls in income due to the crisis.

And it is they who are at the origin of the strong growth of the American markets this year.

It is perhaps an example to follow for French savers.