Posted AT 3:32 PM EST on 20/03/08
What does stock market say about the real economy?
OTTAWA — It is an article of faith among economists that what happens in the stock market will eventually show up in the real economy. That is why the market index, in Canada's case the S&P/TSX composite index, is considered a leading indicator, an economic road sign pointing to where the economy will go in the near future.
The full text of this article has 849 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
