You are here

Stocks and the Economy

Submitted by Roanman on Fri, 09/10/2010 - 10:28

Business Insider Clusterstock also has a "Chart of the Day" which like the other "Chart of the Day that we post here from time to time also could be more accurately called 'The Chart of Whenever We See Fit To Send It To You".

Still, the charts I've received have been mostly worthwhile.

The chart below links up to a short little piece that tells you that growth in the price of stocks has little to do with growth within the economy.

Presently your Uncle Roany is more likely to subscribe to the Richard Russell school of thought.


"The major movements of the stock market are meaningful.

The stock market is made up of the hopes, worries, research and aspirations of millions of people in every sector of life.

As such, the stock market possesses a strange, almost eerie, ability to discount the future.

To put it another way, everybody knows more than any one person or any group of people."


 Notwithstanding the possibility of a change of mind if the damn thing doesn't start lining up a little more in accordance with my world view.