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It is one very major indicator and very important piece of our economy. You can't much have a lasting depression/recession during a bull market. Although have we tried. You can't have a favorable economy with the stock market crashing. But the stock market itself is far from presenting the whole picture.
They trade stocks of international corporations that operate in different parts of the world in different economies. So the indexes do not reflect the US economy exclusively.
The Standard & Poor's 500 stock index — The S&P 500 is considered a leading indicator because changes in stock prices reflect investor's expectations for the future of the economy and interest rates
Lol, its amusing to watch these liberal sheep cheer about the stock market/wall street. I thought liberals hated wall street and the "1%" who "hold all the wealth"?
While liberals cheer on the rich, household income remains flat, you have a record number people on food stamps/entitlements, and unemplyment is still high.
Neither organic or sustainable.....not really how a sane economy is supposed to work.
Ahhh, but I digress, Ameritards WANTED very, very badly for that glorious bubble to reinflate.......they will cry boo-boo tears when it all crashes yet again, gnashing teeth at the evvvulllll banksters.
They trade stocks of international corporations that operate in different parts of the world in different economies. So the indexes do not reflect the US economy exclusively.
I would certainly agree with you on that.
Far from perfect the DOW is one general indicator of our own economy. Of course stock value changes can happen faster than GDP.
Sorry ... I don't waste time reading Right Wing websites ...
Nice deflection.
Quote:
And unemployment has fallen from 10% down to 7.3%!
Sorry Sparky but your Hero started at 7.8 and here we are approaching 2014 and we're at 7.3%. Boy is he doing a stellar job.
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