New York (CNN Business) President Joe Biden's honeymoon with the stock market is over. It bears reminding ourselves that the stock market is not the economy . A sharp drop in the stock market will impact economic activity. "A sustained selloff in the stock market starts to catch people's attention and does affect confidence over time," said Ethan Harris, head of global economics at Bank of America. Economists are on high alert for signs that the stock market stress is infecting the broader capital markets that keep the economy humming.

Source: CNN January 25, 2022 22:54 UTC