Update: For Fun, Stock Market as Barometer of Policy Success

Note: This is mostly a repeat of a June 2017 post with updated statistics and graph, and one new quote. There are a number of observers who think the stock market is the key barometer of policy success.  My view is there are many measures of success - and that the economy needs to work well for a majority of the people - not just stock investors . However, for example, Treasury Secretary Steven Mnuchin was on CNBC on Feb 22, 2017, and was asked if the stock market rally was a vote of confidence in the new administration, he replied: " Absolutely, this is a......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2EFP8V5
via IFTTT