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Myth of the markets as U.S. economic barometer.

Publication: San Diego Business Journal
Publication Date: 26-JAN-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Myth of the markets as U.S. economic barometer.(EDITOR'S NOTEBOOK)(Barack Obama )(Viewpoint essay)

Article Excerpt
I'm not an economist, but based on 35 years of observing the stock markets as a business journalist, I think I can comment on this one sector of the U.S. economy.

During the near collapse last fall, pundits looked to Wall Street for some inkling of how traders were responding to efforts to pass the $1 trillion stimulus package...

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