The U.S. stock market has risen a great deal since the low in 2008-2009. By most accounts, the market has more than tripled and now stands at historical highs. What has caused this massive increase in stock prices? Rising corporate profits and a booming economy? Or something else entirely? Before investigating this question, a quick review of corporate stock is in order. Companies that are “public” (vs. “private”) issue shares of stock for investors and the public to buy. Though […]
Continue ReadingIs the Stock Market Higher Because of Truth or Fiction?
