While the US economy is suffering unprecedented levels of unemployment due to Covid-19, the US stock market enjoyed its best month since 1987 in April.

Lancaster University Management School’s Dr Kim Kaivanto, writes for The Conversation about why the market was so strong despite job losses, and steep declines in manufacturing, services, trade and GDP.

Read the full article here: https://theconversation.com/why-april-was-wall-streets-best-month-in-decades-despite-dismal-mainstreet-news-137851