share prices will lag the economy

I cannot realistically see any reason for share prices to improve in the near future....all this talk of the share market being an indicator of the future and that share markets will recover long before the real economy does is just nonsense.....it is exactly the same as real estate agents talking up property prices even as the prices are falling all around them.

It is impossible to imagine any reason for share prices to rise now…everyone is still gun shy and scared of losing more money again....the rule about the sharemarket being ahead of the real economy is irrelevant this time around..…I think everyone was putting in more money as the markets were falling expecting a bottom and now no one wants to make the same mistake again…..it will be a reverse situation this time around..only once the economy fully recovers will people start to have the confidence to get fully back into shares.