The stock market rally is making Americans happier. But famed economist Paul Krugman says their views on the economy are misguided.
Paul Krugman.Ricardo Rubio/Europa Press/Getty Images US consumer optimism is surging, and may reflect the stock market outperformance, Paul Krugman wrote. But stocks aren’t a good indicator of future economic health, and should be ignored. Americans give outsized attention to equities due to the market’s high visibility. With stock bullishness swinging indexes towards new highs, consumers … Read more