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-0.000570731566606543 -0.000185436249077895 0.0011167383000029 0.000659328885610522 9.06577217713694E-05 -0.00167304704723677 -0.00596663795838809 -0.00467711428229987
Stock impact report

The Stock Rally Is Real, Spectacular And Getting A Bit Excessive [Forbes]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Forbes
Getty ImagesAFP via Getty ImagesIn the list of shocking market events of 2020, it’s hard not to add the current stock market rally. It’s not just a relief rebound – it’s a heart-pumping ascent to the highest S&P 500 valuation of the past twenty years. For many, it is the most confounding development of them all.It shouldn’t be. In a period of unparalleled fear, uncertainty and doubt, stocks have been the only asset class expressing a hopeful view of the future. And right now, the evidence is in favor of hope. There are two main reasons why. 1) The biggest tech companies can survive, and to some degree thrive, in a quarantined economy. 2) Federal rescue policy was built on the assumption that this would be the greatest economic collapse in history. Due in part to #1, it appears that will not be the case.To be clear, the second part gets a bit circular. A big part of the reason why the real impact of global confinement will not be as bad as feared is thanks to the quickness with which p Show less Read more
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