The Merval Says Cristinomics Is Working!

[Joe]

 

[EdRooney]

Uh... Stock Market indexes (like MERVAL, Dow Jones, S&P) are indicators of future corporate profits. They say nothing about the state of the economy as a whole.

Strike 2, Joey.

 

[Joe]

Uh... Stock Market indexes (like MERVAL, Dow Jones, S&P) are indicators of future corporate profits. They say nothing about the state of the economy as a whole.

Strike 2, Joey.

The Maestro says otherwise!

http://youtu.be/pCl-E2pDcGg

 

[EdRooney]

Ah yes "St Alan" the mastermind behind the worst financial crash since the depression, based on what he admitted was a flawed ideology.

Your sources get better by the minute.

And BTW, if stock markets are such a fantastic barometer of an economy, why is the DJIA at record highs while the real US economy is in the doldrums?

 

[PhilipDT]

Wow thats a big increase from 2013 to 2014

I wonder what else happened in that time...

oh yeah