How the S&P 500 uncoupled from your local economy

One of the recurring themes I visit (and revisit) on this blog are the myriad reasons for which stocks and the economy can go their own separate ways, with sometimes very little in common between their performance. There are many reasons for this, including the weighting of an index’s component stocks, the vast amount of corporate profits that are earned overseas and thus not part of GDP calculation, the effects of ...

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source https://thereformedbroker.com/2020/07/20/how-the-sp-500-uncoupled-from-your-local-economy/

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