No, the Stock Market Isn’t a “Leading Indicator” of Economic Prosperity


In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Original Article: “No, the Stock Market Isn’t a “Leading Indicator” of Economic Prosperity”.



Source link

Related posts