Can someone explain to me why the Dow considers the Coronavirus Crisis over?

[NewsCenter28]

Where is their proof? Is the economy opening back up? Is the rate of coronavirus infection slowing dramatically? Is there a vaccine? Today, the Dow ended it's bear market and is now technically back in bull market territory. What are they seeing to make them believe that Coronavirus is but a distant memory that I'm not?

[RandySF]

1. They're placing a bet on companies' survival.

[mnhtnbb]

2. I wouldn't say investors think it's over but the market

is future oriented.

[stopdiggin]

12. also a certain amount of playing a very predictable

bump with a huge stimulus package. Are all those people saying it's blue skies from here? Nope. 'Prolly not.

[Kablooie]

3. The President of the United States says it's OK

And he certainly has enough expert advisors to know the truth.

[Fullduplexxx]

4. They're pushing the trump line of delusion

[padfun]

5. Two trillion was just given to the economy for now.

It will start to go back down and they will throw several trillion at this over the next 12 months.

Massive Hyper-Inflation will start after this is over

[NewsCenter28]

8. 2009-2012 all over again

Booming stock market but massive unemployment. The stock market may be fine but the economy sure won't be.

[Amishman]

11. Oct through Dec 2008 would be a better comparison

Extreme volatility without much rational basis for the day's activity

Market bottomed a few months later in March 2009

[The Velveteen Ocelot]

6. It doesn't, but it's hoping that the stimulus bill will keep the economy afloat.

More than anything, the markets hate uncertainty. Anything that appears to offer a level of stability will usually keep the market in positive territory, at least until something else happens. I think we will see a lot of volatility in the coming months.

[haele]

7. Expectations of sweet, sweet stimulus money.

And betting on accounting tricks that will allow companies to continue posting sufficient dividends instead of being forced to use that money to actually stimulate the economy.

Haele

[Johnny2X2X]

9. It doesn't

This is a temporary respite. DOW will hit 15,000 next month.

[HarlanPepper]

15. Could go under 10k

I have some money in an IRA that I left in cash from a 401k rollover/conversion and I’m not even thinking about moving any of that into the market for months to come.

[0rganism]

10. the coronavirus crisis is secondary to the cash infusion (assumed to be first of many)

there's a lot of bailouts in our future. potentially, it's to their advantage to extend the crisis while sowing doubt that there's a problem at all.

the capitalists are ready and willing to accept the sacrifice of hundreds of thousands of infirm and/or elderly Americans in the name of keeping those sweet sweet stimulus checks rolling in.

[Cicada]

13. Corporations are $500 billion better off than last week

[LiberalArkie]

14. Any time there are a lot of layoffs or such, the stocks go up because that means the company will

have less payroll and more profit. Insane, but that is wha seems to happen after the Jack Welch era.

[Hoyt]

16. Expectations that workers will have money to get us through the worst of this and jobs will still

be available. Pelosi has already said more will be necessary.

And, market has hardly recovered.

[yonder]

17. Until the underlying problems are taken care of it's just a quick, feel good fix.

No different than the junkie who's dealer, this time, came through for him. Yes, it feels pretty good now but the problem is still there. What happens when the supply does run out?

We've got to deal with the health of the body first. Take some counseling and remove that body out of the environment it's used to. Clean it up. Get some new clothes and new friends. Get a job and learn how to work sustainably for the health of oneself and the rest of society.