The CI CyberNews CyberPoll from last week asked our readers if they thought that the stock market is an accurate predictor of economic recovery. Of the total respondents, 60% answered no while 40% answered yes. Comments included:
“The stock market is too volatile and too easily manipulated by the press, etc.”
“The market is a discounting mechanism. Recovery in the economy will fuel stock recovery.”
“I do think people think the stock market is important. There is a vast part of our economy that is based on global conditions, especially in manufacturing.”
“A reserved yes, housing starts are also critical, and the auto mfg mess needs cleared up.”
“Considering it was at 11000, now at 7500, yes.”
“Too many speculators, not enough long term investors.”
Many thanks to all of the CI CyberNews readers who have participated in our CyberPolls! This week’s poll will take a look at getting the economy back on track.
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