Why is the Stock market not responding well to the GDP news?

[59millionmorons]

Do they know something we dont.

[section321]

1. Its already priced in....

... Wall Street was already expecting a big third quarter.

They also expect 4th quarter growth to be be around 4% and Q104 to be around 3%.

[Maple]

2. And they also know

the basics still haven't changed.

[TacticalPeek]

3. And some of them know what lies ahead for them.

(if not the general economy as well)

[IrateCitizen]

4. Because the stock market is not the economy...

... and neither is the GDP, for that matter.

If you want to see a better representation of the health of the economy as a whole, look at a different indicator, the Genuine Progress Indicator (GPI).

http://www.rprogress.org/projects/gpi/

[gratuitous]

5. Clinton's fault, if I had to guess . . .

At least, that's what teevee will tell me soon.

[madrchsod]

6. yes they do..

bush is going to cut taxes again..he said there`s some people who upon hearing the good news that they were going to raise taxes..well i`m ready for another tax cut,aren`t you?