Economist Ed Lazear: The stock market is the best economic indicator and it's signaling caution

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'Given the volatility in the market,' Lazear argues, 'probably a few weeks worth of patience is not a terrible thing at this point' from the Fed on interest rates.

 

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When will we stop measuring how good the economy is doing with the stock market (Corporations and wealthy elite) and start measuring it wth how good the middle and lower class is doing? How many people can afford their rent is more of an indicator than the stock market IMO 😅🙄

better than rate inversions?

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