4 ms·
So far, in this one specific downturn, sure. There is however a strong historical correlation between market downturns and widespread unemployment.
by Godel_unicode 4y ago
So far, in this one specific downturn, sure. There is however a strong historical correlation between market downturns and widespread unemployment.
- scarface74 4y agohttps://blog.tornado.com/the-stock-market-is-not-the-economy-4ea9b349aaf6 https://blog.tornado.com/the-stock-market-is-not-the-economy...
- Godel_unicode 4y agoThat’s not responsive to what I said. It’s a snappy one liner though, so I guess cool?
- scarface74 4y agohttps://seekingalpha.com/article/4170913-unemployment-rate-and-stock-market https://seekingalpha.com/article/4170913-unemployment-rate-a... > An inverse relationship between level of unemployment and forward stock market returns. In the current quintile (2.5% to 4.4% unemployment), the average S&P 500 return over the following year is 5.6% versus and average of 12.7% in all periods. The best returns historically have come after periods of high unemployment
- Godel_unicode 4y agoAgain, cool, also unresponsive to the what I wrote.
- scarface74 4y agoYou wrote > So far, in this one specific downturn, sure. There is however a strong historical correlation between market downturns and widespread unemployment. Statistics show just the opposite
- Godel_unicode 4y agoOf course they don’t, that’s not what your articles say. Did you read them? They, respectively, say that the market is forward-looking and that major gains are made after downturns. It can simultaneously be true that major gains are made after downturns and that there has historically been a strong correlation between downturns and unemployment.
- Jorge1o1 4y agoThat’s forward stock market returns. AKA,__after__ everyone has been fired. You need to look at what happens to stock prices during the recession/firing.