Quote:
Originally Posted by jms62
|
more than 1/2 of the s and p 500 companies make more than 1/2 their profits overseas.
the reason people perceive a disconnect between the performance of the stock market and that of the american economy is that there's not all that much of a connection anymore.
the global economy is booming. why wouldn't stocks of what are now transnational companies reflect that?
there's no vast conspiracy. what there is though is two tiers. if an individual or company is connected to the global economy, they're doing fine. if not, then they're suffering and will continue to suffer the impact of the housing bubble in this country.
07-01-2011, 09:16 PM
Threaded Mode