stock market

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the several rounds of quantitative easing (increasing the money supply) by the Federal Reserve have not had the expected effect on the economy, resulting in the stock market doing well but the jobs market remaining weak.

NPR

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the stories of statistical similarities in the current performance of the stock market and the weeks leading up to the catastrophic crash of 1987 are noteworthy, but predicting the behavior of the market is always risky.

Texas A&M University-Commerce

With the Dow Jones average over 16,000, it seems that good times are back on Wall Street.  But A&M-Commerce economics professor and the interim dean of the College of Business and Entrepreneurship Dr. Dale Funderburk says the "quantitative easing" of the Federal Reserve, injecting large sums of money into the economy, may be artificially pumping up the market.