Well, consider the fact that the S&P 500 is just 10% below its all-time high, set in February. Then compare that to the fact that the average component stock is still 21% below its high. Now, do you see the disconnect?
Everything I have read says most epidemiologists are horrified by America’s rush to reopen the economy and abandoning much of the social distancing that has helped contain the virus.
Americans have been chipping away at their debt, but very slowly.
Perhaps more important is the tension between the technocracy and opposing classes