The common wisdom was that the stock market mirrored the economy. If the economy is on an upswing the stock market went up. But looking at US data, a strange thing is happening. The buoyant S&P 500 has risen 53 percent since the March bottom while the economy has remained flat. An article in slate.com [...]
Entries Tagged as 'Exporting Goods'
How The Stock Market Goes Up While US Economy Goes Down
November 5th, 2009 · No Comments · Economic News
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