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Wall Street Turns a Blind Eye to Catastrophic U.S. Economic Data

grey boy 2

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READ MORE:https://finance.yahoo.com/news/wall-street-turns-blind-eye-190551227.html
 
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Thing about this crisis it wasn't due to economic collapse like Lehman Brothers, etc., more due to Govt. actions hence the market is confident down the road they'll remove when things are back to normal. The people that were laid off or fur lounged are receiving a beefed up Unemployment Insurance.

My younger brother was one impacted worker he's a director of athletics and works with ATI Physical Therapy his weekly check right now is $ 900 and he'll continue receiving it for 4 months and once schools open his regular pay resumes.
 
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Maybe FED's infinite quantitative easing has been working?

FED buy companies' bonds then companies buy back their stock in the market, the price goes up.
 
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