Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: HomerBohn

Fear-monger much?


28 posted on 08/29/2015 6:37:49 AM PDT by IronJack
[ Post Reply | Private Reply | To 1 | View Replies ]


To: IronJack; HomerBohn
[from the article] Stocks are not a predictive indicator. They do not follow positive or negative fundamentals. Stocks do not crash before or during the development of an ailing economy.

[HomerBohn]   Erratic market behavior is a red flag signaling something is quite wrong.

[IronJack]    Fear-monger much?

The article's wrong, stock prices are a leading economic indicator and whether we like it or not historically market tops come before economic downturns.  True, we've been having a pretty feisty dip here as the Dow's punched down to levels we haven't seen since Feb. '14.  otoh we've had dips like this a number of times since 2010 and the economy's continued to muddle along w/o much change.  Bottom line here is that (agreeing w/ Homer) we're probably at the red flag stage, but imho we're not at the train-wreck-we're-all-dead stage.   Yet.

43 posted on 08/29/2015 8:50:08 AM PDT by expat_panama
[ Post Reply | Private Reply | To 28 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson