Monday, February 28, 2011

Another Example Of Financial Market-Real World Disconnect

People like to believe what they want to believe. Well, they are free to do so.

Here is another example of the blatant disconnect between the stock market and GDP. All charts from Tradingeconomics.com

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Venezuela has still been in a recession but her stock market continues to climb.

Believing in the infallibility of conventional wisdom can mislead. Unknown to many, negative knowledge is a risk.

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