Rules of the Game: Rock-Solid Bottom Lines
Vanguard recently issued a study showing that fundamental metrics, such as earnings and gross domestic product, don't necessarily affect broad market moves. According to the data, the indices can see an outsized effect from some factors not regularly measured by analysts. For example, erratic GDP growth rates in recent quarters haven't done much to cripple S&P 500 appreciation.
Of course, the Fed's quantitative-easing campaign has made money readily available for institutional stock investing, and that has contributed to price growth....542 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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