Quote:
Originally posted by Tyrone Slothrop
If you accept the statistically sampling involved -- perhaps likelier if you're inclined to accept the Lancet estimate of 600K dead in Iraq? -- then it suggests that good things have happened to stock prices, assuming that the delta in stock prices is meaningful if you control for inflation, etc. This might mean that good things haven't happened yet, but are so expected that stocks are trading on the basis of these expectations. Whether you think it means something wonderful about the state of the world or the country depends on whether you think stock prices are a good barometer of such things. If, e.g., stock prices are up because corporations are receiving the lion's share of productivity gains that used to be split between companies and workers, then maybe it doesn't suggest that everyone ought to be joyous.
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at long last, can you not even answer a sincere question politely?
