Why Is the Stock Market Rallying When the Economy Is So Bad?

The latest jobs report revealing record U.S. unemployment highlights a growing rift investors are struggling to reconcile: a rallying stock market and stumbling economy.

Gains in U.S. stocks accelerated Friday after April’s nonfarm payrolls report showed unemployment rose to 14.7%, the highest level on record. It was the latest head-scratching development for many market observers, who have been parsing a steady stream of abysmal economic data while watching the U.S. stock market stage a recovery.

GunjanJS I thought everyone said it was FOMO in October, November, December, January, and February? How could anyone have missed out?

it's also a buyers market right now with share prices depressed. these kinda opportunities only come around a couple times in a lifetime. get it while you can.

Maybe the trillions of taxpayer funded stimulus has something to do with it and the unlimited QE. Also the FED promising to buy junk and high yield debt. That's a couple of good reasons there. The only question is are there consequences to this.

Or maybe the stockmarket is decoupled from reality because the Fed has poured trillions into the Wall Street banksters!

Market observers (those who actually understand the markets) aren’t scratching their heads, as proclaimed in the article. They’re looking towards recovery now. Someone posted the market will drop another 6k which is absolutely ridiculous and severely uneducated.

cuz the economy is asleep, the money is stagnant, and small biz is suffering, which is terrible; once the fear subsides, the economy will wake, people will circulate, and industry will resume, but will transform, which is promising and that in itself will drive industry.

Some people are still waiting to get trickled on from the previous economy.

Lots of people jumping far too soon and think they’re being smart. I’m guessing the Dow is going to shed another 6k before any real light shines.

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Why the stock market is up even with historic job lossesThe most Americans in history lost their job in April, but markets are moving higher. Here's why. It's up because of the FED artificially manipulating it. It's going to come back down again in the really near future, because the smart traders/investors aren't going to keep their money in the markets on the next downtrend. Pander that bullshit. Help Satan's bookkeepers continue the retirement fund Ponzi scheme. If the market goes down the wealthy lose. So the federalreserve rigged the markets to keep going higher while the average man slides further into poverty. If only your slave masters would rig the economy to improve the lives of the masses instead of the few?
Source: CNBC - 🏆 12. / 72 Read more »