The Great Disconnect Between Stocks and Jobs
The Great Disconnect Between Stocks and Jobs
From robertreich.blogspot.com
November 19th, 2009
robertreich.blogspot.com — The Fed and the Treasury have, in effect, placed a huge bet on a recovery driven by asset prices. That's a bad bet. The great disconnect between the stock market and jobs is pushing stock prices way out of line with the real economy. This isn't sustainable.
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