The Difference Between The Stock Market And The Economy
Each day, investors are treated to news about the economy and information about how the stock market has done recently. It can be very difficult to process what’s going on because at any given moment in time, there may be very little correlation between how things are going in the real world and how prices are acting on Wall Street.
The noted fund manager and author Ralph Wagner once described the relationship between the economy and the stock market thusly:
“There’s an excitable dog on a very long leash
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