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If the Economy's Stagnant, Why Are Stocks Up?

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"[I]t could be that the notion the stock market is an accurate gauge of the domestic economy's temperature is outdated," according to Slate. "The rising U.S. stock market and a weak, slow-growing U.S. consumer sector aren't really in contradiction. Given the large-scale trends transforming the global economy—and the role of large U.S. companies in it—it may be possible to have a sustainable rally in American stocks without a sustainable rally by American consumers."
SOURCE:   Slate