Someone still thinks markets have to reflect the state of the economy?

To put it simply, bad economy = more volatility. There's a reason ETF's are mostly fine when the economy sucks, because they don't bet on volatility.

Day traders who are now betting their <25k savings on a random ticker aren't safe, though.

Bad economy means the interest rate will be cut which means higher stock valuations. Bad economic news is good financial news.

	▲	duttish 2 days ago \| parent [-]
		It would be easier to cut if inflation wasn't already rising due to increasing energy costs. Now central banks will be in a bind.