Again, this is one of the scenarios. There are a lot of forecasts now, and finding the right one is not easy enough.
All the doom and gloom pundits have been dead wrong Market is almost back to ATH’s, and if the last week has shown us anything, it’s that the consumer wants to get back to normal life and is out spending the first chance they get. The only thing that matters to the market is the Fed’s balance sheet. Everything else is a temporary diversion.
The market is not the economy. The fed & congress has mortgaged Americans' future & earning power to float Donnie's reelection.
So is it clear to say this is a V shaped recover???y or close to it, i heard yesterday on fast money that once s$p closes above 3100 new highs are literally guaranteed!
Read the article guys. Its talking about the economy not the stock market. The two have only a mild positive correlation
How come all of the sudden we have this disconnect from the economy and stock market, this was never the case going back 10, 20, 40 50 years ago. Who or what is creating this idea?
Well the last time the stock market hit a nadir was March 9th 2009. It was a rocket ship up from there even through a multi year recession that followed. Look at past recessions, you will see the two are not synchronous.
Gold standard gone & algos in play. Rise of the new powers. Diminishing returns. Absolutely makes sense for weird things to happen. But fundamentals stays the same, only time horizons for things to happen, takes less/more.
People find the scenario that fits their bias. See the extremely partisan, ill-informed post from Here4StupidGibberish in this thread.