Subscribers to ASI’s E-Newsletter
may have noticed the addition of a weekly survey to the news features section.
Here we present the results of the May 12 survey.
Do you think the stock market is an accurate
predictor of economic recovery?
Yes: 37.5%
No: 61.1%
Comments:
“It wasn't an accurate predictor of the condition of
the economy before. Why would it be now?”
“It's still as manipulated as ever.”
“Many companies are interlinked with other disorganized
organizations and have to face the downfall that results in moving economic
conditions.”
“(Stock market) numbers are based on what they expect will
happen in 6 to 9 months. The increasing numbers of unemployed people will keep
a true recovery from happening for at least another year.”
“Yes, to some extent. The stock market is driven by too many
emotions and not facts. But, if the stock market improves, confidence improves
and the economy improves.”
“A bunch of rich folk manipulating the peasants!”
“Banks and Wall Street cannot be trusted in any way shape or
form. Their GREED has really caused all the problems.”
“The stock market is the single most important indicator,
because it encompasses - directly or indirectly - all business sectors of the
economy.”
