One chart shows how the stock market is completely decoupled from the labor marketIn the past decade, the S&P 500 and the unemployment rate moved nearly in lockstep, but that all changed last month. Chosen excerpts by Job Market Monitor. Read the whole story @ One chart shows how the stock market is completely decoupled from the … Continue reading
Oh, and don’t tell me about the stock market. Stocks actually rose during the deadly 1919 influenza pandemic. “Stock market is a really poor guide and in general to the state of the real economy.” via (9) Paul Krugman on Twitter: “Oh, and don’t tell me about the stock market. Stocks actually rose during the … Continue reading