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Ken Fisher on Why Unemployment is a Lagging Indicator.

Written By Fisher Investments on Tuesday, May 26, 2020 | 10:00 AM

 
How can the stock market be going up when employment numbers are sinking? It’s a question people continually ask Ken Fisher, investor and founder of Fisher Investments. In this short video, Ken explains why employment statistics are lagging indicators for the stock market. Rather than hinting at future stock market movements like leading indicators, employment numbers are backward looking—old news. That means they’re not always a reliable gauge of where the economy and stock markets are headed in the future. Ken says that relying solely on employment numbers to inform your investment decisions is like driving forward by looking only in the rear view mirror. If you would like to learn more of Ken Fisher’s and Fisher Investments’ thoughts on the current environment and where markets could go from here, visit us at https://www.fisherinvestments.com/en-us. Connect with us on: Facebook - https://www.facebook.com/FisherInvestments Twitter - https://twitter.com/fisherinvest LinkedIn - https://www.linkedin.com/company/fisher-investments