Switzer Daily 30 July 2021 How come if our economy is being locked down, the stock market’s going up? That’s the question I’m getting all the time right now from normal people. And maybe last night’s Switzer Investing TV programme (on our YouTube channel) explains why this apparent oddity of a rising share market with our two biggest states being in shutdown mode is happening. Let’s look at this chart-wise. S&P/ASX 200 six months What this chart shows is that our stock market continued to rise, albeit at a slower pace from June, despite Melbourne and then Sydney going into lockdown.