ADAs in previous stock market rallies, the financial rewards of the latest surge have been highly uneven. But the rise in the stock market suggests that investors see a recovery on the horizon. ADFor Main Street, moves in the market often presage moves in the economy, said Kristina Hooper, Invesco’s chief global market strategist. But the stock market rally also coincides with dire economic data, double-digit unemployment rates and the relentless virus. A bear market is generally understood to refer to a period when stocks fall at least 20 percent from the previous peak.

Source: Washington Post August 18, 2020 20:04 UTC