Why do news sources really so heavily of the stock market as an indicator of hoe the economy is doing?
Why not something more helpfull like spending power of the average family?
Public Comments
- They don't rely on it, but it is the only number they get every day except holidays and weekends and get directly from the non-governmental source. All other economic data come out monthly, quarterly, annually or erratically, and those numbers come from government agencies, which can and have cooked the numbers to suit the powers that be.
- they depend on every one when they look a stock market,because every level of people either by sell or invest in products that not only come from other countries, but here as well. and that can be the answer to how much gas is going to cost,how much foods are going to cost, how much the dollar brings. how much more can anything else tell you that.
- Mainly because they can not rely on your spelling... just kidding! They rely on the stock market as an accurate indicator because of the ungodly amount of money involved.
- Money runs the country...ie: Religion and politics for example. It tells where the money is and where it is going.
Powered by Yahoo! Answers