The number of employees across the firms of the broad-based Russell 2000 equity index has collapsed by more than half from its peak. The price of that index, in the same period, has risen 137%. Can you spot when the index 'price' disconnected from economic reality?
No seasonal adjustments; no surveys; no bullshit... Just Jobs -50% from peak... great for stocks
Is this just within their company, or national stats?
ReplyDeleteIt's unclear.