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| Penny Stocks and Big Boards Relevant to the most conventional way of profiting through investing, this forum is focused on the discussion and analysis of stocks, bonds and equity investments in the openly traded stock market (NYSE, AMEX, NASDAQ, TSE, TSE Ventures, ect.) |
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I think the Economy is doing great. I have my proof: stocks market DJ indicator at...
...its all time high.? and Liberals say the Economy is BAD, real BAD and America is going Bankrupt. and they'd been saying this since 2000.
Where is your Proof? Liberals?! (hint: Imagination and Hatred do not count as proof)
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The stock market is a discounting mechanism -- it displays the results of investor anticipation for what the future holds. When it's up, people anticipate rising stock prices and probably an expanding economy, although the market doesn't necessarily correlate with the economy.
You don't have to be a liberal, however, to recognize that the housing market is in the dumps, and housing usually leads the economy; the credit markets are crunching (as a result of subprime defaults and other factors); we are in fact a debtor nation; oil prices are shooting up -- all those are negatives for the broader economy. Can the market, led by the global economy, shrug all these factors off and keep going? Maybe so. We'll have to wait and see.
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