May 09, 2013 at 10:58 AM EDT
Clueless: The Stock Market is not the Economy
Morgan Housel has a fun article at Motley Fool with a possible explanation for why investors are so clueless. His argument, essentially, is that investors confuse the stock market with the economy. If the economy is bad, they assume the stock market must be bad too. Although it’s certainly true that many investors are confused [...]
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