Why Is the Stock Market Rallying When the Economy Is So Bad?

Wall Street Journal ^ | 05/09/2020 | Gunjan Banerji

[Steve Van Doorn]

said, "We’ve “Flattened the Curve”"

No we didn't. The virus first started in November 2019 it didn't over load the hospitals then. Second wave we're nearly over with now which the hospitals never where over loaded. Third wave end of June early July. Depending how political it is will determine the threat level

[Drago]

Yep, part of the reason for dropping rates to zero (twice) is to force $$$ into the stock market...no where else to go with MM savings accounts near zero and bonds paying low rates. The $5.5 trillion in “stimulus”/QE 1,2,3,4... by The Fed has to go somewhere and most of it flows into stocks.

[cyclotic]

I live in Maryland, where to most drones, the almighty government can do no wrong.

[Big Red Badger]

Yes we Did!
.
They weren’t no
Wave ‘cept New York and
Chitcago,
.
Oil up you Ouija Board
and spell my name
Correctly for Your
Voodoo Dolls,
Nostradamus.

[DarthVader]

I left there along time ago!

[wildcard_redneck]

“Nonsense!”

I am gob-smacked! Your Freeper handle is ‘fortes fortuna juvat‘ which translates to ‘fortune favors the brave’ and yet you act like a hypochondriac, safe-space, ‘but my feelings’, testosterone-lacking millennial. SHAME!

[cyclotic]

I came here for a job 10 years ago during the Obama/Biden recession.

I’ve got a great job but would leave in a heartbeat except that I’m involved with a ministry that I can’t leave just yet.

[DoughtyOne]

Go here and put in 11/03/2016 and 11/10/2016

You’ll note a 371.32 gain on 11/07/2016.

Open: 17,888.28

Close: 18,259.60

https://www.wsj.com/market-data/quotes/index/DJIA/historical-prices

[DoughtyOne]

The market gained for six straight days.

By 12/31/16, the market was already up over 1,400 points post
election.

At this site, you can put in your own start and stop date
for study.

Enter 11/02/2016 and 12/31/2016. You’ll get two pages. Be
sure to look at early November as well as the end of the
year section.

https://www.wsj.com/market-data/quotes/index/DJIA/historical-prices

https://www.wsj.com/market-data/quotes/index/DJIA/historical-prices

[DoughtyOne]

The public and the professionals can see a lot, but a once
in a lifetime event isn’t as clear to see up front.

From business owners to people simply used to going out to
eat, none of us saw this coming.

This was another failure of the CDC.

It should have used the month before to explain what the
possibilities could be if the spread entered the U. S big-
time.

As we watched China melt down, the CDC was playing
Tiddlywinks

[DoughtyOne]

I agree. Great...

If the market had wanted Hillary that bad, it would have
fallen off after Trump was elected. Instead it gained over
1,400 points by the end of the year.

I think it was scared to death Hillary was going to be elected
if you want to know the truth.

I was a bundle of ulcers and antacids until about 02:00 Wednesday morning.

[thinden]

On monday 11/7/16 the Dow closed up 37.32 at 18,259 on news that comey cleared hildabeast on email abuses.

On election day tuesday 11/8/16, the odds showed Hildabeast had a 98% chance of being elected & the market settled at 18,332.74 up abt 73 point

On the night of the election after swing states were coming in for trump m, the Dow futures sold off limit down (-870 point) in panic selling at 12:10 am early morning on 11/9/16. The sell off reached -900 point abt 2am.

After the market spent most of the day wednesday digesting the trump victory & implications for the economy, the Dow climbed abt 300 points in the last 30 minutes of trading to close up 251 point for the day.

And yes the market finish 2016 on a positive note

[thinden]

Oops. Monday dow was up 371.32.

Sorry for tupo

[DoughtyOne]

Thanks Thinden.

[Steve Van Doorn]

pandemic waves takes place in a span of three months.
I'm not talking about more deaths in specific locations

Example here is the pandemic of 1918 they had three waves. The second wave was the one that killed most of the people in October of 1918. incubation of H1N1 is shorting which suggest the span for SARS will be greater.
https://wwwnc.cdc.gov/eid/article/12/1/pdfs/05-0979.pdf

[Big Red Badger]

The Spanish Flu,
WW1 was a perfect storm for
That Bug,,,
What if “The Third Wave”
Does Not Happen?
Possible?

[Big Red Badger]

The CDC can Rot with
Their useless Info.

[Steve Van Doorn]

I agree the CDC sucks. Though you and I are talking about two different things. I was attempting to explain what I was talking about.

[Big Red Badger]

Let’s hope it is
Done,
We go on with life
and Pray We don’t go
To War with China.

[Steve Van Doorn]

Let's hope the virus is done or the fear mongering?
The virus was done when the hospitals didn't get over loaded.
Fear mongering will never end