05/03/11 - Stocks Rally On the News of Bin Laden's Death, You Say? It's Not That Simple

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Home > Commentary > Elliott Wave International > 05/03/11 - Stocks Rally On the News of Bin Laden's Death, You Say? It's Not That Simple

Think Outside the Bull at bearMarketCentral.com

05/03/11 - Stocks Rally On the News of Bin Laden's Death, You Say? It's Not That Simple

Robert_Prechter_80x100

By EWI Editorial Staff

Interest rates, oil prices, trade balances, corporate earnings and GDP: None of them seem to be important, or even relevant, to explaining stock price changes

MarketWatch.com ran an interesting story on May 2 that quoted from a research paper which found "little evidence that non-economics events have a big effect on the stock market." Here at EWI, we go one step further and say the following: Economic events have little impact on the stock market, too. Don't believe us? See this chart. Read more.

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