Why the stock market is up amid chaos in the streets

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

A global pandemic, racial strife, political upheaval — and a rising stock market amid the chaos. While it sounds a lot like 2020 it also has echoes all the way from 1968.

"There are many valid reasons to be bearish on risk assets like stocks or corporate debt just now, but history shows markets look through many sorts of tumultuous events and have done so for decades," said Nicholas Colas, co-founder of DataTrek Research. "That may seem counterintuitive, and perhaps not even 'fair,' but it's absolutely true."The Rev. Martin Luther King and Robert F. Kennedy were both assassinated. North Vietnam launched the Tet Offensive.

The end result for the market the year: After a 9% drop for the S&P 500 from January to March, the market rallied 24% and ended with a price gain of 7.6%. Thus far in 2020, the index is still down about 5.7% year to date, but a 36% rally off the March low has investors thinking that another headline-defying result could be on the way.

To be sure, with things this tumultuous, there's always the threat the things could go south quickly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CNBC is wrong again

Free FED money 💰 🚀

MARTIAL LAW OR CURFEW AT 6PM SHOYLD BE DECLARED NOW TO STOP RIOTING AND LOOTING

That's easy. Central planning that protects those holding assets. Same certain demographic claim to be 'free market' capitalists while cheering on the Fed and military to protect any financial decision they make. True colors shining these last few days.

Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrr - Ponzi!

GlobalPandemic riots protests2020

i leave y'all WITH THE PERFECT SONG to SUM the times up ÷ music DEFINES LIFE if ONLY your (generally speaking of General plurality) gets the drift = realDonaldTrump has DONE RIGHT not by any notion of 'declaring' war but BY KEEPING THE PEACE =GRASP MSNBC

or maybe it's because the central banks created huge inflation and stock market is up in nominal value but down in real value

Stock market is fake, Fed money printer is fake.

Killer 👮 No respect to you, bastards!

We are going to need a bigger GITMO

Who's behind? Here in the STATES and HONG KONG, many in black clothes and very very violent.

Everytime things are bad for everyday American's, Trumps precious stock market rises. Coincidence?

afbranco · May 30 This no longer about about reasonable people protesting the death of George Floyd but radical leftists tryying to destroy the country

And don't forget who won the 1968 election bigly...

Does t look much like race issue in that photo given it is a white guy defying police. Must be a Russian thug paid to protest

Repeat after me... Wall Street is NOT the economy! Wall Street is NOT the economy! ....

The market cannot look forward anymore. The Fed has blinded it with a Tsunami of debt and easy money. federalreserve EndTheFed

Because investors are sick TheDemocrats tricks!

It's trump using your tax dollars to prop up the markets !

Because it has nothing to do with the Main Street.

Because stonks go up bro!

The market is being fed trillions of taxpayer 💵 💵 from Trump in a desperate reelection bid.

Like we need you to tell us. Get lost.

Cheap money by the Fed.

Why don’t you just say it.. fed is buying etf.. and bonds increasing the liquidity to keep the bubble going.. stop with ure vaccines, opening economies.. blah blah.. it’s all about govt sustaining mrkts.. to keep ppl happy

ReElectTheMFer.

This shows that the capital market thinks they are just🤔🤔🤔

It’s being manipulated?

Has the mentally ill realDonaldTrump or his spawn tweeted about it yet? That would be in keeping with their Louis LVI du Bourbon thinking.

Because it’s a govt created asset bubble, whose prices are now essentially meaningless. The real interesting part will be how the asset crash and subsequent inflation will be explained.

Anything can CAUSE THIS President to CRATE CHOS and DIVISION! It’s EXHAUSTING!

Fed

I think the best 'experts' are buying...

Because the Markets DONT REFLECT REALITY ! MoneyPrinterGoBrrrrr

Easy answer in 280 characters: Because they know that this sh*t solidifies the American base - all colors, all creeds, all walks of life -- and that this base is solidly with the party which is more pro-freedom and more pro-capitalist than the other one. You're welcome.

Because billionaires win whether America burns or not.

Tolerating someone else’s dishonor makes you dishonorable. AntifaTerrorist

I'm old enough to remember when markets were looking ahead in January

Because the FED is printing money and flooding the market.. You have to ask yourself, is this sustainable and what this is going to so to the dollar. buycrypto XRP LINK XTZ GBTC GOLD SILVER

No surprise that home security firm ADT is surging today. Up 10%. Call volume +400% today.

because rebuilding requires raw materials and jobs. DUH..

Why the stock market is up amid chaos in the streets? - FEDERAL RESERVE printing money out of thin air!

It's only June 1st. I can't even imagine what else the radical democrats are going to do before November 3rd.

Is there a maximum height for skyscrapers? The answer.

Business Business Latest News, Business Business Headlines