Stock markets as an indicator

[contractor]

I've seen a number of important economic figures come out recently and state that the stock markets are not a good barometer for the economy. Particularly the Dow. Is there a certain degree of scare mongering in the media? I know there is a real crisis with liquidity but constantly using the markets as proof, is that accurate?

For example, Lehman Brothers go bust and everyone sells their AIB shares. Does it mean something is not right in AIB? No, it means people panic and sell their shares for no good reason at all other than "just in case". Yet the media will constantly refer to the ISEQ as proof that our economy is in tatters.

Maybe I don't understand completely...

 

[monascribe18]

do,s anyone understand just whats going on in stockmarkets now,the one,s who line their pockets are the stockbrokers

 

[och aye]

Stockbrokers:
Has anyone made solid returns on their advisory portfolio over a period of years through a stockbroker ? I dont know any ...stockbrokers returns are never published, for good reason !