Yes, sure, a stock index is not anexact reflectionof the economy -- the market is usually about six months ahead of what's actually happening, which is why unemployment can take so long to catch up with a sell-off, which is why the continued plunge of ALL major stock indices (worldwide!) is, um, terrifying?
Depression Continues, Stocks Back To 1997
Depression Continues, Stocks Back To 1997
Depression Continues, Stocks Back To 1997
Yes, sure, a stock index is not anexact reflectionof the economy -- the market is usually about six months ahead of what's actually happening, which is why unemployment can take so long to catch up with a sell-off, which is why the continued plunge of ALL major stock indices (worldwide!) is, um, terrifying?