As a measure of real economic health, I’m skeptical of the stock market. It’s far too easily influenced by the inflation of the currency, which has gone absolutely insane over the last decade. For investors, I’m glad it’s doing well, but I’m not really sure if it proves much.
I really believe that the market is driven more by perceptions than reality and that it occasionally corrects itself.
The Dot-Com bubble/correction. The Housing Bubble/correction (government created). People are dumping money into the market now and my retirement is loving it, but there will be a correction coming.
As a measure of real economic health, I’m skeptical of the stock market. It’s far too easily influenced by the inflation of the currency, which has gone absolutely insane over the last decade. For investors, I’m glad it’s doing well, but I’m not really sure if it proves much.
I really believe that the market is driven more by perceptions than reality and that it occasionally corrects itself.
The Dot-Com bubble/correction. The Housing Bubble/correction (government created). People are dumping money into the market now and my retirement is loving it, but there will be a correction coming.
Personally, I think this IS the correction… For 8 years of Obama’s boot on our economic neck.
We’re still a good 4 years away from the point of irrational exuberance.
Good point… a correction that is positive.
The most likely correction is the return of Democrats to power.
Yup…got me doing my happy dance.