The stock market’s latest rebound shows how disconnected from reality it truly is

Following a series of dramatic plummets in the wake of the novel coronavirus (Covid-19) pandemic, the stock market recently bounced back with one of its best-ever recorded months. This might, on the surface, seem like a good thing. But it also raises a question about the paradoxical nature of modern finance capitalism. If economies have been devastated by the pandemic, how can the stock market be doing so well?

Continue reading

1 Comment

Filed under The Canary

One response to “The stock market’s latest rebound shows how disconnected from reality it truly is

  1. Richard Jones

    Thanks for your article. Is it true that when the stock market crashes, Trump has bailed it out and this is one reason why the market rises again?

Leave a Reply to Richard Jones Cancel reply