Why the Stock Market Just Keeps Going Up

为何股市持续上涨

The Daily

2025-10-20

30 分钟
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单集简介 ...

Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up. Joe Rennison, a reporter covering financial markets for The New York Times, explains what is going on. Guest: Joe Rennison, a financial reporter for The New York Times. Background reading:  Read about the factors helping markets climb past bad news.The specter of a trade war between Washington and Beijing has the potential to roil markets.Photo: Jeenah Moon/Reuters For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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单集文稿 ...

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  • Tariffs are at their highest rate in nearly a century.

  • The labor market is weakening.

  • Over and over again,

  • Trump is meddled with corporate America and the country's most important economic institutions.

  • And yet, the S&P at an all-time high, same for the NASDAQ,

  • by the way, The stock market has kept on going up and up and up.

  • Markets continue to hit all-time highs.

  • All of this despite lingering uncertainty caused by President Trump's tariff agenda.

  • Today, my colleague Joe Renison explains why, at least until now,

  • the market has stayed so strong in such volatile times and what we know about how long this can really last.

  • It's Monday, October 20th.

  • Wow.