Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec...
by antientropic on Wednesday April 29, 2020 @11:47AM
(#23020590)
> So the market is still 15% or so under its February peak.
The S&P 500 was up 29% last year. It's now back to the level of October last year - when there was no pandemic or economic crisis. So you could say that the market is remarkably blasé about the current situation.
The S&P 500 was up 29% last year. It's now back to the level of October last year - when there was no pandemic or economic crisis. So you could say that the market is remarkably blasé about the current situation.