Because investors realize that Trump will be reelected, and that biden won’t be, and that this insanity will soon stop.
Much of the economy is based off of foreign markets.
How many trillions in newly printed money is being helicoptered to Wall Street?
That is all you really need to know.
Schrodinger cat bounce.
Is the WSJ WHINING??
The stock market is a lot more intuitive than folks give it
credit for.
The day before Trump won in November of 2016, the market
made a huge move up.
It had read in a Trump victory.
Proof of that is what took place from then until the first of the year 2017. The market kept going up.
Because the lockdown is dissipating and investors are seeing a gradual but steady return to normalcy. This is not like a shooting war where infrastructure is destroyed and has to be rebuilt which takes lots of time.
Because printing trillions of dollars and throwing it out of helicopters is highly inflationary and with zero percent interest rates, the only place you can hope to retain the value of your savings is in the stock market.
These are truly stupid articles... and from the WSJ no less.
... because there is light at the end of the tunnel.
And, Trump is in charge, not a brain dead clown like Biden.
Because those investors are betting on “the most realistic outcome” and not selling doom and gloom, or trying to hamper Trump’s re-election.
Remember we need the House, Senate and President Trump to get anything done.
We might be consuming in different ways but are we consuming any less? The answer is clearly NO.
In fact, the biggest societal problem when we come out of these nonsense "shutdowns" is that many of us will have gained over 20 pounds and need to buy all new clothing to go back to work - unless your work allows sweat pants that stretch.
The supermarkets and liquor stores are jammed and trucks are jamming our highways to keep them supplied. In our neighborhoods, thousands of UPS, FedEx and Amazon vans are busy delivering goods to our doorsteps.
Drive by any BestBuy or other superstore and you will see cars lined up to pick up their new big-screen TVs and such curbside.
We are consuming in different ways but we are CONSUMING.
This evil lock down is nothing but a war on small businesses, the middle class, and the working poor.
Can’t the WSJ find Americans to write for them?
Many analysts are looking past the grim economic data, forecasting a speedy recovery as state economies open back up across the country.
...
Some companies are already doing great.
Fact, rumor, speculation, and
anticipating the Socialist candidate will lose.
Market is forward looking and likes what it sees.
I would like one more 1/4 of depressed prices to reinvest at those rates but will settle for an upturn cause”were all in this together”....
Yea right !
Read a article several months ago, that mutual
Fund managers , due to their funds forced
Percentages, of (fill in the blank % Stock vs
Fill in the blank % bonds) would be obligated
To buy stocks due to amount of money they
Had lost, in order to rebalance the funds to
Meet their requirements.
Buy low. sale high.