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The Market Is Not the Economy

The Market Is Not the Economy

Markets are about betting on companies' success or failure in the future. Economies are about purchasing, consumption, jobs, and so forth. Thus, a very positive market doesn't necessarily mean great potential for jobs, and can mean the opposite: technology replacing jobs. Investing in the market can create improved wealth long-term. But investing in yourself is what's needed to create wealth and happiness in the present.

Written by

Alan Weiss is a consultant, speaker, and author of over 60 books. His consulting firm, Summit Consulting Group, Inc., has attracted clients from over 500 leading organizations around the world.

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