“The stock market has forecast nine of the last five recessions”. (user search)
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  “The stock market has forecast nine of the last five recessions”. (search mode)
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Author Topic: “The stock market has forecast nine of the last five recessions”.  (Read 1963 times)
WillK
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Posts: 1,276
« on: May 21, 2010, 10:03:10 AM »
Quote from: HoffmanJohn on May 21, 2010, 08:43:42 AM
Qoute by Paul A. Samuelson.

I find this to be rather interesting but I am not very familiar with the history of the stock market, does anyone want to inform me?

Some people think that movements in the stock market are predictive of whats coming.
Samuelson was making fun of that view.
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