WSJ: Why is the stock market rallying when the economy is so bad?

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The stock market is rallying despite 14.7% unemployment, plummeting consumer spending, and a sure recession. Why?Bets on a V-Shaped Recovery 1. Bets on a V-Shaped Recovery. "Many analysts are looking past the grim economic data, forecasting a speedy recovery as state economies open back up across the country."States reopening is encouraging investors on a rapid […]

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