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Stock Market Provides Imperfect View of Real U.S. Economy

"The stock market—through measures such as the Standard & Poor’s 500—is often thought to be an economic bellwether. However, market volatility compromises the reliability of such indexes."
Julieta Yung
Economic Letter, Federal Reserve Bank of Dallas, May 2016

U.S. Economic Strengths Don’t Mimic Standard & Poor’s 500 Index Composition