Why is the stock market rallying when the economy is so bad?

Re:Why is the stock market rallying when the economy is so bad? by jopsen on Monday May 11, 2020 @02:57AM (#23139546)

Isn't currency (and many others) more of a zero sum bet -- useful for hedging if you are a business with expenditures in one currency and income in another.

But if you're looking to invest cash on hand, and looking for a long-term upside. I'm not sure currency is good idea.

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Re:Why is the stock market rallying when the economy is so bad? by Galanwe on Monday May 11, 2020 @04:22AM (#23139989)

Definitely not a 0 sum game. You can perfectly have real strategies and earn money just betting on currencies, either intra curve (buy/sell different maturities on the same currency) or cross curve (one currency versus an other one). Theres actually quite a lot of hedge funds doing that. You will most likely want to start with a "carry" trade: buying a cheap currency by selling your $USD, and enjoy the higher interests on that currency.

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Re:Why is the stock market rallying when the economy is so bad? by TomMarius on Monday May 11, 2020 @03:19AM (#23139650)

No, it's not "zero sum bet". There are real market fundamentals which you can take advantage of.

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