Ep. 44 Booming Stock Market Indicates Bad Times, Says Krugman - a podcast by Bob Murphy and Tom Woods

Is a rising stock market an indication of economic health? Not necessarily, says Krugman, and on that he's of course correct. But what accounts for rising stock prices today? He says a lack of alternative options for investors -- another way of saying the economy stinks, even though he devotes half his columns to defenses of Obama.

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