Audio Mises Wire

Home | Mises Library | No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity

No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity

Audio Mises Wire
10/20/2020Chris Calton

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Original Article: "No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity".

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Chris Calton

Chris Calton is an economic historian and a former Mises Research Fellow. He was the writer and host of the Historical Controversies podcast.