Human Reporters · Not Machines

The Stock Market Is Near Correction Levels

By CDM Staff
August 28, 2020
2 Comments
The Stock Market Is Near Correction Levels
S&P 500 Composite Index compared to the CSS asset pricing formula - August 2020
Image by Jonruse15

What if I told you the fastest stock market recovery in history is just a misunderstanding?

You’ve probably seen headlines like this one...

THE STOCK MARKET HASN'T SEEN A 100-DAY GAIN THIS STRONG SINCE 1993

Doesn’t it seem off that the stock market is blazing past record highs while the economy is in freefall? And at the same time a record 50 million Americans are sitting around without a job? 

It should. Because all the fuss about the stock market’s comeback comes down to a misinterpreted term...

To read more visit Forbes.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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