https://www.google.com/amp/s/time.com/5828898/stocks-recovering-economy-collapses-makes-sense/?amp=trueStocks Are Recovering While the Economy Collapses. That Makes More Sense Than You'd Think
" On March 23, U.S. stock markets closed the day after a multi-week plunge of nearly 30%. This drop coincided with a wave of lockdowns across the country, as well as similar moves throughout Europe, Latin America and South Asia. Since then, the U.S. economy has been in free-fall, with more than 26 million people filing for unemployment, waves of retail stores on the edge of bankruptcy, energy and oil companies teetering on the brink, travel grounded, and the GDP was down 4.8% in the first quarter and this quarter is likely to be much worse. The stock market? Overall, stocks are up across all indices more than 30% from that low point in late March."
Anyone have little concerns about massive money pumped into market by our feds/and other countries' central banks. Everything is hyperinflated/paper money. We have similar thoughts after 2009 crash but market kept going up and folks keep buying, central govt keep pouring the coolaids to allow parties to continue. Who knows, if 2nd wave indeed hit late summer/ fall, the parties may abruptly end.
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