Is the Stock Market Irrational?

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The economic numbers look bleak, but the stock market is strangely optimistic... Has it lost touch with reality?

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sources:
Thaler, Richard H.. Misbehaving: The Making of Behavioral Economics. W. W. Norton & Company.
https://www.nytimes.com/2020/04/30/op...
https://www.longtermtrends.net/market...
https://en.wikipedia.org/wiki/Efficie...
https://onlinelibrary.wiley.com/doi/a...
https://en.wikipedia.org/wiki/Black_M...)
https://www.cnbc.com/2020/04/25/makin...
https://www.vox.com/covid-19-coronavi...
https://www.washingtonpost.com/busine...
https://www.investopedia.com/terms/m/...
https://smallbusiness.chron.com/emoti...
https://www.investopedia.com/articles...
https://blog.oup.com/2020/03/how-emot...

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Philip Olson, CFP® and Julia Lorenz-Olson
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Produced by: Katie Graham
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