Stock Market vs Economy

President Clinton noted in his January 2000 State of the Union speech:

We begin the new century with over 20 million new jobs; the fastest economic growth in more than 30 years; the lowest unemployment rates in 30 years; the lowest poverty rates in 20 years; the lowest African-American and Hispanic unemployment rates on record; the first back-to-back surpluses in 42 years; and next month, America will achieve the longest period of economic growth in our entire history.

That wasn’t an exaggeration. But it marked the beginning of the worst decade for the stock market in modern times.

In January 2010, President Obama noted in his State of the Union speech:

One in 10 Americans still cannot find work. Many businesses have shuttered. Home values have declined. Small towns and rural communities have been hit especially hard. And for those who’d already known poverty, life has become that much harder.

That wasn’t an exaggeration. But it marked the beginning of one of the best periods for the stock market in modern times.

Happy Investing!

R♥Vi