It often happen that, as a recession deepens, the stock market soars. Later after the economy has become stronger, the market often appears to become shaky. For these reasons, many have concluded that the market is a poor indicator of economic trends.
Which of the following, if true, best counters the argument presented above?
A. Stock prices do not reflect the current state of the economy, but rather the expert judgement of investors about the future strength of the economy
B.Brokers and analysts say that stock prices are inconsistent when business is beginning to emerge from a slump
C. The crash of the stock market in 1929 preceded a prolonged and severe depression
D.Economists note that sharp gains in the stock market has sometimes been recorded in the worst months of recession
E. some brokers and analysts believe that the stock market is a useful index of economic trends because it is updated more frequently than other indicators![]()
Which of the following, if true, best counters the argument presented above?
A. Stock prices do not reflect the current state of the economy, but rather the expert judgement of investors about the future strength of the economy
B.Brokers and analysts say that stock prices are inconsistent when business is beginning to emerge from a slump
C. The crash of the stock market in 1929 preceded a prolonged and severe depression
D.Economists note that sharp gains in the stock market has sometimes been recorded in the worst months of recession
E. some brokers and analysts believe that the stock market is a useful index of economic trends because it is updated more frequently than other indicators