they shrug these carona virus numbers off because they know the fed will just print at any bad news. Its like that's the best news they can get really, that's the status quo now or even good news. You could say that's actually keeping the markets inflated.
What they are really afraid of is a sign of inflation, if that raises its head they're screwed.
If they came out and said , This quarter isn't so bad and we are seeing strong growth that might be a warning of inflation. The numbers are going to have to be pretty bad to surprise on the downside now. If its good news thats bad for us too, but great news from many might be a signal. They are not even thinking about thinking about thinking about raising interest rates at the moment(according to powell) but if they saw some little signal....
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