a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
ertugral  ·  1415 days ago  ·  link  ·    ·  parent  ·  post: Differences Between the Stock Market and the Economy

The big difference between the market and the economy is that the market is forward-looking, and it's unexpected events that primarily drive future stock prices. The reason for the strong performance is that the market expected the economy to do even worse.