Daily Archives: July 31, 2020

Why Are Stocks Rallying Despite the Economic Collapse?

Posted on July 31, 2020 by Phoenix Capital Research

Yesterday the U.S. reported its worst ever quarter for economic growth a whopping 9.5% contraction that comes to an annualized pace of 32.9%. Stocks actually rallied on the news. The S&P 500 bottomed soon after the report was released. It worked its … Continue reading →

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