Because the stock market is only secondarily connected to reality. It's primary function is as a mood ring for the collective mass of wealthy people. Wealthy pe

Because the stock market is only secondarily connected to reality. It's primary function is as a mood ring for the collective mass of wealthy people. Wealthy people get a fetish for something and stocks go up. Right now they have a fetish for companies that lose five times their revenue while growing 500 percent a year.