Stockmarket v economy: the impact of covid-19

American stockmarkets have enjoyed a record-breaking streak, even though the country’s economy faces the deepest recession in living memory. Why is stockmarket performance so seemingly cut off from current events, and what does this tell us about how the economy works? Read more here: https://econ.st/2OUT5rH Further reading: Find The Economist’s most recent coverage of covid-19 here: https://econ.st/31E02VY Sign up to The Economist’s daily newsletter to keep up to date with our latest covid-19 coverage: https://econ.st/3ghRh7W Read our leader on America’s economy and its banks: https://econ.st/32KiZH2 What Wall Street’s results tell you about America’s economy: https://econ.st/32I1SFC Americans need more guidance from the Fed: https://econ.st/3eS6DyX Read about the economies that have started to bounce back: https://econ.st/2OM8fzA Why stimulus policies must shift as economies start to recover: https://econ.st/3hnBSDB Listen to our “Checks and Balance” podcast: will covid-19 change the politics of poverty in America? https://econ.st/3hoz4pD Read about China’s stockmarket: https://econ.st/2Bmvygd Read our article on the resilience of banks: https://econ.st/3hjG8E2