Oil Crash - Is There a Lag on the Way Up?

I think i don't understand why stocks are going up. And again, it's mostly random. In the short term, i think that stocks probably should be trading lower based on stocks were getting killed earlier before this started. The pendemic pulled a lot of things forward as companies were having difficult comps for the previous year. But now we still haven't even seen really inflation start to impact the consumer. How does that not hit consumers? And how does i not hit earnings? We're ingeting the consumer stuff a little later. Plus, ther still got to be allotted demand.