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In the last couple of weeks, several populous states, including Florida, Texas and California, have experienced flare-ups in COVID-19 cases. Despite this, the stock market continues to rise and is once again near February’s historic highs. Is the market losing touch with economic reality or are investors seeing real silver linings?
By JPMorgan Chase Commercial BankingIn the last couple of weeks, several populous states, including Florida, Texas and California, have experienced flare-ups in COVID-19 cases. Despite this, the stock market continues to rise and is once again near February’s historic highs. Is the market losing touch with economic reality or are investors seeing real silver linings?