Why is the Stock Market Still Rising?

It looks like this external shock will snowball on top of some underlying faults in the economy to cause an economic crisis that eclipses the 2000’s tech bible and the subprime mortgage crisis of 2008. Most people of note from policy makers to money managers agree that this is pretty bad and it only looks like it is getting worse,

So why is it then, that amidst all of this chaos and uncertainty the stock market is on the rise again?

#economics #marketcrash #recession

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References -

Dalio, R., 2012. How the Economic Machine Works. Economic Principles.

Dalio, R., 2019. Why and How Capitalism Needs to Be Reformed (Parts 1 & 2). LinkedIn, April, 5.

Boyd, J.H., Hu, J. and Jagannathan, R., 2005. The stock market's reaction to unemployment news: Why bad news is usually good for stocks. The Journal of Finance

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