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To: sun-tzu who wrote (136394)11/30/2001 12:10:39 AM
From: Simba  Read Replies (3) | Respond to of 436258
 
How do we know that a pronounced recovery in stock prices is itself not a CAUSE for the economic recovery. Suppose the NASDAQ gets ramped to 3K by the PPT does not the resultant wealth effect lit a fire under the economic recovery the market is supposedly predicting ?

Any thoughts ?