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Old 06-24-2020 | 02:07 PM
  #158  
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Swakid8
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Originally Posted by MamaHidesCookie
Stocks and the market trade as leading indicators of economic activity... is that so hard to understand. It’s been that way... forever...
Not necessarily true, the stock market just rich man’s betting game. GDP is where one needs to look to see which cycle our economy is currently on and the direction it is headed to next. Stock market is finicky like a persons emotions. When it’s happy it’s up and it’s sad it’s down, if it feels overconfident it can be up and if it is a nervous wreck it can be down.
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