Forbes - Markets
It's Not Time To Push The Panic Button -- This Isn't 2008
Historically, one maxim was that the stock market condition was a six month leading indicator of the economy. But that generally accepted truth became a walk down memory lane as the investor class morphed into the trading class over the past generation. In a world where the average stock is held about 1.5 minutes, the stock market is now merely a leading indicator of itself, and mostly disconnected from the real economy.
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