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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?

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