If Jobs Matter, These Country ETFs Could Surge
Gary Gordon submits:
Many prognosticators describe the dire jobless recovery, then follows it up with bearish outlooks on the S&P 500. Similarly, you’ll read how increases in business confidence are a precursor to hiring, ergo, the cyclical bull for stocks has further to stampede.
When did stock market analysts become so one-dimensional? At one point did jobs or even the broader economy receive an award for outstanding achievement in the field of market directionality. (Yes, there’s a Simpsons reference in there for animation enthusiasts.)
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