Posted on Jun 3, 2015
Encouraging Economic News Sends US Stocks Higher! Will this continue or is it just temporary!
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I pray that this trend will continue for at least the remainder of the year and give us all a bit of a break from the fears of another slide in the Economy. I am encouraged by the numbers and hope for sustainment and growth in our Awesome Country!
http://abcnews.go.com/Business/wireStory/encouraging-job-market-news-sends-us-stocks-higher-31494901
http://abcnews.go.com/Business/wireStory/encouraging-job-market-news-sends-us-stocks-higher-31494901
Posted in these groups: 
Economics
Stock Market
Economics Stock Market
Posted 9 y ago
Responses: 4
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I would love to credit this or that but I think it is just normal cyclic behavior.
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We are a consumer economy running out of consumers with disposable income, I wouldn't get too excited. Plus, the standard corporate business model is still to drive stock price higher, even if it is overly inflated, to please shareholders even though it is well known this will lead to a crash.
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