Surprise Surprise – It’s been a relatively smooth recovery

August 4, 2016

Ben Carlson is one of my favourite bloggers – his wealth of common sense articles offer a sensible perspective on the economy, equity markets and investing. The article linked below describes his review of the market and the economy since the Great Financial Collapse (GFC) of 2008, the last recession North America experienced.

Key messages: – the stock market is not the economy, the economy is significantly lower in volatility compared to the stock market, seven years after the GFC we are under 5% unemployment, equity markets are at all-time highs, economy is growing (slowly) and oil is below $50US/barrel.

Link to article