I& #39;m just a law professor, so I have no expertise in this. But I would guess that the market is underestimating the amount of havoc C19 is causing to the global and US economies and overestimating the US government& #39;s ability to carry the entire US economy until it& #39;s over.

One explanation I have heard is that a lot of the big investors like to make bets in response to quarterly numbers: They can& #39;t be sure how things are going until they get the digits. Going to show, Dylan was wrong: Some people need a weatherman to know which way the wind blows.