Why Is The Market Up When The Economy Is So Bad? | Are Investors Too Focused on the Short Term?

Short-termism in investing – is this really what’s happening and is it a problem in markets? Let’s talk about how the market is so strong, despite the devastation we are seeing in the real Economy from the Global Pandemic with high unemployment and businesses boarded up. Are public market investors truly short-term oriented, or are they accurately discounting future cash flows from businesses? Does it make sense that the market is up due to government support from the federal reserve averting mass bankruptcies?

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