{"id":45548,"date":"2014-07-03T05:25:44","date_gmt":"2014-07-03T10:25:44","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=45548"},"modified":"2014-07-15T09:27:26","modified_gmt":"2014-07-15T14:27:26","slug":"contradictory-indicators","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=45548","title":{"rendered":"Contradictory Indicators"},"content":{"rendered":"<p>Joe Doakes from Como Park writes:<\/p>\n<blockquote><p>If the economy is as bad as the first quarter economic report indicated, why is the stock market so high?  <a href=\"http:\/\/www.powerlineblog.com\/archives\/2014\/07\/the-fed-bubble.php\">Powerline supplies a clu<\/a>e.  <\/p><\/blockquote>\n<p><a href=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2014\/07\/20140703-061924-22764003.jpg\"><img decoding=\"async\" src=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2014\/07\/20140703-061924-22764003.jpg\" alt=\"20140703-061924-22764003.jpg\" class=\"alignnone size-full\" \/><\/a><\/p>\n<blockquote><p>We know that correlation does not prove causation, but since the Standard and Poors Weekly 500 stock index so closely tracks federal government stimulus spending since President Obama took office in 2009, it\u2019s fair to ask if we\u2019re headed for another stock market bubble, one entirely of government\u2019s making.<br \/>\nJoe Doakes<\/p><\/blockquote>\n<p> Fair, but \u2013 until we get a media that isn&#8217;t serving as a praetorian guard and, hopefully, a Congress full of economic realists \u2013 pretty much hopeless.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Doakes from Como Park writes: If the economy is as bad as the first quarter economic report indicated, why is the stock market so high? Powerline supplies a clue. We know that correlation does not prove causation, but since the Standard and Poors Weekly 500 stock index so closely tracks federal government stimulus spending [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":["post-45548","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45548"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45548\/revisions"}],"predecessor-version":[{"id":45735,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/45548\/revisions\/45735"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45548"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}