Stock indices split form the real economy

As the private sector shrinks, more so private credit growth on a global scale and unemployment continuing upward. Markets now will rely on support from a degree of wayward optimism and central bank/ goverment liquidity supports. This will split stock market buying and selling from the reality of flat lined economy.

Shocks that will effect stocks in the coming months will be economic (deficit issues), war or disease (pandemics). Although we may see sustained rallies into the next quarter.

Please note graph below is running real time (daily).