The Stock Market Is Not the Economy

BY Jeffrey A. Tucker Mark Skousen’s top investment rule in his book “Investing in One Lesson” is this: The stock market is not the economy. A rising financial market is not the same as a growing economy. He puts this as rule No. 1 because it is the least understood point, the one that trips up almost everyone, and the most enduring myth in finance and economics. Sadly…

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