- Messages
- 7,315
- Reactions
- 23,250
I don't know anything. And I'm not making any predictions.
But it looks to me that some confuse the stock market with the economy.
I'm pretty sure it's not.
It looks to be a very inconsistent gauge. One that really only reflects peoples feelings about making money investing.
And at any given moment a tweet here. Maybe talk of Brexit or some trade deal over there. Has it pointing almost instantly in another direction.
As to Full employment being this great indicator of the economy's health?
Well I think if your at full employment and can't stimulate the economy to grow?
Then it's tapped out.
And the reality is its probably more an indicator of a problem than a positive signal.
Yep. No predictions here.
But I will offer up this bit of history.
The markets were at all time highs. And unemployment was around 1% the summer of 1929.
But it looks to me that some confuse the stock market with the economy.
I'm pretty sure it's not.
It looks to be a very inconsistent gauge. One that really only reflects peoples feelings about making money investing.
And at any given moment a tweet here. Maybe talk of Brexit or some trade deal over there. Has it pointing almost instantly in another direction.
As to Full employment being this great indicator of the economy's health?
Well I think if your at full employment and can't stimulate the economy to grow?
Then it's tapped out.
And the reality is its probably more an indicator of a problem than a positive signal.
Yep. No predictions here.
But I will offer up this bit of history.
The markets were at all time highs. And unemployment was around 1% the summer of 1929.