Why is the stock market bad at showing how the economy is doing?

The economy is difficult to read these days. Millions of people are out of work and there is economic uncertainty everywhere, but the stock market keep rolling right along, setting highs and making big gains. So, how good of an indicator is the stock market actually? Does it really paint a good picture of how the economy is doing? And how can it be doing so well when so many Americans are struggling? Scott Deacle, Associate Professor and Chair of the Department of Business and Economics at Ursinus College joins KYW In Depth to break down why the stock market can do well when unemployment is so high, how we should be viewing the market as an economic indicator, and why the Dow Jones is not a very useful index. See omnystudio.com/policies/listener for privacy information.