Opinion: The stock market’s strength tells us less about the true state of the economy than at almost any other time over the last five decades

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The disconnect between the stock market and the economy increases as valuations become more stretched

Source: MarketWatch.com

Date: Oct 17, 2020

Link: https://www.marketwatch.com/story/the-stock-markets-strength-tells-us-less-about-the-true-state-of-the-economy-than-at-almost-any-other-time-over-the-last-five-decades-2020-10-13?mod=home-page

Questions for discussion:

  • What is the conventional understanding of the relationship between the stock market and the economy?
  • What is the argument presented in this article? Do you agree?

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