4 ms·
Stock market =/= economy. I think a big part of the gains is that everyone is flush with cash with nowhere to invest since the interest rates are basically non-
by realmod 6y ago
Stock market =/= economy. I think a big part of the gains is that everyone is flush with cash with nowhere to invest since the interest rates are basically non-existant/negative.
- idoh 6y agoThe stock market isn't the economy right now, but in the long run it is meant to approximate the net present value of a big chunk of the economy.