I have been in the financial industry for about 6 years and am an avid market follower. I believe that in the short term the market is a voting device of current events, however in the longer term it is a weighing device which accurately shows the state of the economy. Things Learned in 2009: Markets are profoundly shaped by gov't actions. Even if growth does not occur organically, the market doesn't care. All it cares about is potential cash flow growth. Another little secret: the economy only matters 25% of the time and thus analysis must be extended to sentiment, liquidity, and technicals. All of these factors must be taken into consideration to properly navigate the markets. The key is not forecasting economic outcomes, but rather the timing when you execute your strategy. I hope that the opinions that I pose in my posts will help you look at things from a different light. They are more honed to the economy instead of where the markets will go from here, however I do add opinions and posts on market direction every now and then.