Re:Covid vaccine: First ‘milestone’ vaccine offers 90% prote...
by jdhzzz on Monday November 09, 2020 @08:35AM
(#25034620)
> What are the markets, a handful of rich
I'm not yet but hoping to be...
> They are neither wise nor competent
That's me again, but doesn't preclude my success...
However this 1995 paper (1) indicates that the S&P 500 behavior does "Granger Cause" changes in USA GDP. i.e changes in S&P 500 does predict changes in GDP from 1 to 3 quarters out. So that's the one legitimate reason to be encouraged by rising markets. Perhaps the woman who cuts my hair will be able to get off food stamps by spring.
I'm not yet but hoping to be...
> They are neither wise nor competent
That's me again, but doesn't preclude my success...
However this 1995 paper (1) indicates that the S&P 500 behavior does "Granger Cause" changes in USA GDP. i.e changes in S&P 500 does predict changes in GDP from 1 to 3 quarters out. So that's the one legitimate reason to be encouraged by rising markets. Perhaps the woman who cuts my hair will be able to get off food stamps by spring.
1. https://digitalcommons.iwu.edu/cgi/viewcontent.cgi?redir=1&a...