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Message
401K increases
Posted on 5/9/13 at 5:44 pm
Posted on 5/9/13 at 5:44 pm
My account is doing really well so far this year. My question is how can this be when the economy is in the toilet? Is it all smoke and mirrors and will it crash and burn soon?
4
Posted on 5/9/13 at 5:50 pm to JBM210
quote:
how can this be
Posted on 5/9/13 at 6:37 pm to JBM210
Thanks Obama!
Posted on 5/9/13 at 6:41 pm to JBM210
Stock Market <> Economy
Posted on 5/9/13 at 8:20 pm to ZereauxSum
But I always believed while the two were seperate, the stock market was a reflection of consumer confidence of the economy.
Posted on 5/9/13 at 9:09 pm to Siderophore
quote:
But I always believed while the two were seperate, the stock market was a reflection of consumer confidence of the economy.
This is true to a certain extent, but so many things drive the equities market that aren't tied to the US consumer at all. Low interest rates, demand from abroad, low energy (and other commodities) costs can all lift stocks without US consumer spending.
Posted on 5/9/13 at 9:16 pm to JBM210
Unemployment is trending down, home prices are trending up and people are making more money, how is the economy in the toilet?
Posted on 5/9/13 at 9:50 pm to Chris Farley
Things are great 
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