{"id":158306,"date":"2020-04-20T12:01:31","date_gmt":"2020-04-20T11:01:31","guid":{"rendered":"https:\/\/www.transcend.org\/tms\/?p=158306"},"modified":"2025-01-10T15:12:16","modified_gmt":"2025-01-10T15:12:16","slug":"why-the-stock-market-is-healthy-as-americans-die-from-coronavirus","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2020\/04\/why-the-stock-market-is-healthy-as-americans-die-from-coronavirus\/","title":{"rendered":"Why the Stock Market Is Healthy as Americans Die from Coronavirus"},"content":{"rendered":"
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Photo Illustration: Soohee Cho\/The Intercept; Getty Images<\/p><\/div>\n

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12 Apr 2020 – <\/em>This past week the S&P 500\u00a0went up 301\u00a0points, or 12 percent, its best performance in 46 years.<\/p>\n

During the same week, the reported number<\/a> of Americans killed by Covid-19 went up 11,499, or 161\u00a0percent,\u00a0the coronavirus\u2019s best performance ever.<\/p>\n

So this seems like a good time to reevaluate\u00a0our treasured belief<\/a> that a rising stock market reflects general human flourishing.<\/p>\n

Consider a few more events that happened this week around the same time as\u00a0this excited tweet from Donald Trump, who somehow is the president of the United States:<\/p>\n

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This week, in only 4 days, we had the biggest Stock Market increase since 1974. We have a great chance for the really big bounce when the Invisible Enemy is gone!<\/p>\n

— Donald J. Trump (@realDonaldTrump) April 10, 2020<\/a><\/p><\/blockquote>\n