ECB's Unexpected Rate Cut Jars Markets

An hour ago, the European Central Bank President (and former Goldman Sachs Exec) Mario Draghi shocked the financial markets by unexpectedly cutting interest rates. The Euro was butchered, the Dollar leaped, and stock market futures leaped also. Stocks are already at fresh new all-time record highs, just 30 minutes before the NYSE opens for trading this morning.

from the news media:
*DRAGHI SAYS EURO AREA GROWTH RISKS REMAIN `ON THE DOWNSIDE'
*DRAGHI SAYS EURO AREA INFLATION RISKS ARE `BROADLY BALANCED'
*DRAGHI: MARKET CONDITIONS POTENTIALLY NEGATIVE FOR ECONOMY
*DRAGHI SAYS UNEMPLOYMENT REMAINS HIGH
*DRAGHI: EURO AREA MAY FACE PROLONGED PERIOD OF LOW INFLATION

And so, since the "Euro Area growth risks remain 'on the downside'", 'unemployment remains high', and they have a 'potentially negative economy', stocks are leaping HIGHER and are in new record territory as a result! Is logic, reason, and risk so foreign to these people in the financial markets, that they ignore all reality?