You are currently browsing the The Proletariat’s News weblog archives for May, 2010.

Breaking News

The Fundamentals are Not the Fundamentals

Kel Kelly @ May 28, 2010 # No Comment Yet

 
The stock market and other financial markets do not rise and fall based on a strong or weak economy. The stock market and the economy are unrelated—ignoring superficial and loosely-related links—except to the extent that it is money supply that inflates both stocks and GDP.
But if financial markets move up and down primarily based […]

More on page 67