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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (260598)7/14/2010 12:13:28 AM
From: tejekRespond to of 306849
 
Port traffic jumps at L.A., Long Beach

latimes.com



To: Smiling Bob who wrote (260598)7/14/2010 12:17:36 AM
From: tejekRead Replies (1) | Respond to of 306849
 
The stock market and a true economy are two distinct entities.

No they are not.....they are very much intertwined. They don't always reflect each other accurately but those disconnects are shortlived.


MOST public corporations could not be born or survive without access to the WS trough, from inception to dissolution to reincarnation. Only through unlimited borrowings are they able to cover their overhead, their dividends, and still pay exorbitant salaries to mgmt that are way disproportionate to what they contribute.

The market is a game, not a barometer of the economy.


See the first line in the paragraph immediately above....it contradicts the last line of your post. Both lines are bolded.