Think Tech is Responsible for the Obscene Stock Market Recovery? Think Again.
policytensor.substack.com
There is no doubt that the recovery of the stock market amidst the greatest worldwide economic catastrophe in living memory is obscene. More interestingly, is it deeply puzzling. Sure, the market is forward-looking. But the recovery is hardly in sight. Economic forecasts have never been as uncertain as they are as of writing. No one knows how long this pandemic is going to weigh on the economy. Or what the final bill will be.
Think Tech is Responsible for the Obscene Stock Market Recovery? Think Again.
Think Tech is Responsible for the Obscene…
Think Tech is Responsible for the Obscene Stock Market Recovery? Think Again.
There is no doubt that the recovery of the stock market amidst the greatest worldwide economic catastrophe in living memory is obscene. More interestingly, is it deeply puzzling. Sure, the market is forward-looking. But the recovery is hardly in sight. Economic forecasts have never been as uncertain as they are as of writing. No one knows how long this pandemic is going to weigh on the economy. Or what the final bill will be.