Would it make sense to you that in light of all that misery, stock prices were at the highest levels in 18 years? Pandemic DeathsCOVID-19 has caused incalculable misery — but for now it is far from the worst pandemic. Small Business FailuresThanks to the COVID-19 pandemic over 100,000 small businesses will never reopen, according to the Washington Post. And it’s hard to see how small businesses will be able to survive after being closed for weeks followed by reopening at half capacity to enforce some social distancing. These are the worst earnings declines since the depths of the Great Recession.

Source: Forbes May 13, 2020 14:16 UTC