"Why isn't the stock market reacting at all?" Inflation. In the stock market, yes. There's a lot of money with nothing else to do. Somebody puts some in the m

"Why isn't the stock market reacting at all?" Inflation. In the stock market, yes. There's a lot of money with nothing else to do. Somebody puts some in the market, stock prices go up, and everyone says, "hey, stocks are going up!" Lather, rinse, repeat. Remember, the market can remain irrational longer than you can remain solvent.