The Beauty of the Bear
The Beauty of the Bear August 1st, 2008 BUSINESSWEEK - Market Views July 31, 2008, 12:01AM EST With market psychology so negative, it’s easier for positive developments—like falling oil prices— to lift investors’ spirits by Alec Young From Standard & Poor’s Equity Research After coming in like a lion, July went out like a lamb. The beauty of a bear market is that investor psychology gets so negative, and forward-looking assumptions become so dire, that it’s easier for future events to e
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