In general it is seen that the stock markets, especially the major indices like the S&P 500 and the Dow Jones, are representative of the state of the economy in the US. When there are poor factors impacting the economy, the markets closely mirror this. This was clearly seen as the case when the impact of the Covid-19 pandemic was realized across the US and the markets took a tumble in the middle of March, and has been the case in most major troubled times for the country.
Read more: https://thedailychain.com/stock-markets-rally-while-world-is-in-crisis-and-bitcoin-stands-still/?source=Snapzu
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