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Bloomberg: Could A Surging Stock Market Hurt The Recovery?

Stock Market
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EDITOR NOTE: Markets tend to “lead” the economy. That much we all know. But we also know that “sentiment” often drives markets despite economic “fundamentals.” Just as sentiment can be wrong, so too can the stock market. With so many Americans out of work, do you really think that a raging stock market is signalling the US economy is, as they say, “a-okay”? Really, think about this for a moment.

If you were to look only at the stock market and nothing else, you'd probably have no clue that 21 million Americans are still out of work. You'd probably think everything in the world is fine. Great, even.

Read the entire post on Bloomberg

 

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All articles are provided as a third party analysis and do not necessarily reflect the explicit views of GSI Exchange and should not be construed as financial advice.

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