New York Stock Exchange Building on Wall Street with American Flag draped across the front

Repeat After Me: The Markets Are Not the Economy

Jay Ritter

“[Markets and the economy] have been intertwined in the American psyche since the 1929 stock crash and the onset of the Great Depression. But stocks are not a reliable gauge of overall economic health,” writes Matt Phillips. 

Cordell Eminent Scholar Chair Jay Ritter explains why in this story from The New York Times