The stock market and the economy are not the same thing. Not in the US. Not anywhere.
Bloomberg's Tom Orlik tweeted a series of charts earlier Wednesday including this one.
It's of the Shanghai Composite stock index (red) and economists' forecasts for 2015 GDP (black).
Despite a year of falling economic growth expectations, stock prices have exploded. In 2014, the Shanghai Composite surged a whopping 58%.
"Tell me more of your theories about Chinese GDP growth and it's impact on stock prices…"
@TomOrlik