"Optimism raises equities and rising equities create wealth, thereby induces consumer confidence, so rising confidence increases consumer spending, when increased spending spurs more productions and thereby creates more employments, and vice versa."
Thursday, October 16, 2014
Why this market is escaping the global sell-off
Why this market is escaping the global sell-off: "Mounting concerns over global growth led to heavy declines in stock indices around the world over the past month, but the Shanghai Composite bucked the trend."
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