Risk assets such as stocks and high-yield corporate bonds have climbed over the past two-and-a-half months despite a dire global economic outlook in the wake of the novel coronavirus pandemic.
The rally has left some market observers scratching their heads but has also given rise to a bundle of jargon - some old, some new - attempting to explain recent trends.
Here's a guide to what's driving financial markets now, in Wall Street's own words.
Don't fight the Fed
One key factor in Wall Street's climb,.