The Dow Doesn't Represent The Economy

Discussion in 'Stock Market' started by Mad Scientist, Oct 14, 2009.

  1. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    From Market Watch dot com:
    The Dow doesn't represent the economy MarketWatch First Take - MarketWatch
    Not trying to be a Debbie Downer, but small business make up a majority of job creation in this economy and that isn't happening. Until it does, the economy is weak and recessionary (is that the word?)
     
  2. Old Rocks
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    Old Rocks Diamond Member

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    True. However, the rest of the economy usually follows the DOW. Not always, but usually. If we start seeing positive employment numbers this spring, then we will know that the recession is over. Not over until the employment numbers are positive.
     
  3. truthsaga
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    truthsaga Economic and BlowBack Ace

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    Why don't you guys look at how the dollar is doing and maybe it's inflation causing this rise in the market.
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    The economy for the rest of the world is also improving, so I would say that overall we are starting to see a positive trend. Hopefully it will continue and translate into employment.
     
  5. FactFinder
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    FactFinder VIP Member

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    How is that hope thing working out for ya'll?
     
  6. Elutherian
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    Elutherian BadMother****er

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    Mad Scientist and Truthsaga are right.

    When the dollar collapses you all better not come crying to me for help... I'm a forgiving person, but I also get a little trigger-happy when people start thinking they're entitled to my shit.
     
  7. truthsaga
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    truthsaga Economic and BlowBack Ace

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    They've re-inflated the housing bubble, it's a bubble because it's based on economic fantasy and has no solid financial base.

    Our labor is over priced, we don't produce anything because regulations have ran businesses out of states and our country.

    The people who pass legislation to help the poor and under privelage to be able to buy homes are now directy responsible for them being foreclosed on. The worse thing is now their coming to us to take the tab.
     

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