william the wie
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- Nov 18, 2009
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This should get quite interesting.
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Employment is a lagging indicator of economic activity. The stock market is a leading indicator. Usually high employment with a rising market is a good time to be in stocks as witnessed by recent history.Further proof that the market is not very closely linked to employment.
Actually with the Far East real estate bubble starting to collapse I suspect that mildly rising employment and lower stock prices will be the problem for the next six months.Employment is a lagging indicator of economic activity. The stock market is a leading indicator. Usually high employment with a rising market is a good time to be in stocks as witnessed by recent history.Further proof that the market is not very closely linked to employment.