As long as an end to the health crisis is in sight and economic policies are so protective, financial markets will not react to bad news

Bad news has been coming out of the United States and Europe (regarding the health and economic situation), but it is not having a negative effect on financial markets. This is because investors: Can still see an end to the health crisis, even though it has been delayed; Know that as long as the health crisis persists, fiscal and monetary policies will continue to be highly expansionary, as much and as long as it takes. Financial markets would only react negatively to bad news if: An end to the health crisis was no longer in sight (for example due to ongoing virus mutations); Governments or central banks wanted to normalise their policies, which will not happen.