Why the Stock Market Just Keeps Going Up

2025-10-20

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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 po...

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

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