People are taking to the streets and the North American economy is in shambles, but you wouldn't know it by looking at U.S. markets. Market record as economy slumps"NASDAQ HITS ALL-TIME HIGH," crowed Trump in a tweet. It is well-known that financial markets are not necessarily a good short-term indicator for the wider economy. Struggles on main streetAlso just as happened 12 years ago, getting the real main street economy working again is a harder task. While sending money to financial markets was quick, getting loans to struggling small businesses has been much more difficult.

Source: CBC News June 11, 2020 03:16 UTC