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I feel like while there is a correlation between trends in the stock market and the general economy'a well-being, a lot of these kind of stories can be explaine
by noobermin 4y ago
I feel like while there is a correlation between trends in the stock market and the general economy'a well-being, a lot of these kind of stories can be explained by remembering they are correlated but not perfectly. According to the article, this is on fears of fed interest rate hikes.
It's easier to accept the stock market has it's own logic which may not necessarily mean what is good for the economy or not.
- mogacom 4y agoThis is an important point. The title is implying not just correlation but causation. Often financial news articles are phrased differently to avoid this, for example using something like "amid strong US jobs report". Sounds pedantic but it's a subtly pernicious thing.