The market doesn't reflect the health of your local businesses. It's largely chains and massive corporations that are publicly traded. Between the fed's $1.5T i

The market doesn't reflect the health of your local businesses. It's largely chains and massive corporations that are publicly traded. Between the fed's $1.5T injection in the markets and the $500B bailout/loans for corporations, you can see how the numbers might not look too bad from Wall St's disconnected perspective. Today a lot of companies were announcing their numbers and matched ~ expected earnings. Q1 wasn't 100% trashed by Covid. Q2 might be a lot more interesting especially if the shelter in place lingers towards the end of the summer which would not surprise me. The modern American society has put a ridiculously disproportionate value on capital vs individual which is driving the dissonant signal from the stock market. People could be dying of hunger, but if the SP500 companies kept their numbers in line with expectation, the "stock market" would be green all over...