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by bmitc 1590 days ago
> Stocks reflect the actual economy

Is there a source for that?

2 comments

Yeah, it's not the actual economy. But indexes that track the S&P or NASDAQ track a selection of the best of the economy and are performing very well.
At the end of the day stocks represent shares in actual companies that make profits and losses. Obviously this doesn't prevent speculative bubbles (exhibit A: GME), but sooner or later the tide goes out and we'll find out who's been swimming naked.