3 ms·
Everything's correlated to everything. I won't make any claims that the stock market is particularly correlated to the economy... it's kinda supposed to be, but
by jerf 4y ago
Everything's correlated to everything. I won't make any claims that the stock market is particularly correlated to the economy... it's kinda supposed to be, but there's a lot of things that get in the way.
Still, in the end, when things are "generally down", you're going to see the economy go down, the stock market go down, people's fortunes (large and small) go down... they may not be as connected as they "should" be, for some value of "should", but they are certainly neither anti-correlated, nor entirely uncorrelated.