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Reply #12: while the two are not necessarily highly correlated [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-30-09 11:12 PM
Response to Reply #1
12. while the two are not necessarily highly correlated
they are related. The stock market can be a leading indicator of economic recovery. Employment however is often a trailing indicator. Which is to say jobs often don't return until after the economy is in recovery. If you are hoping that job recovery is coming this may be a good sign.
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