Monday, December 20, 2010

Markets, Psychology, & the Business Cycle

From Michael Santoli's latest article in Barron's:

...markets have rhythms tied to the interplay of psychology and the business cycle. And while they are only a rough guide for what to expect, what they aren't is irrelevant. Investors forget that it's better to have the problems exposed and absorbed than to be unaware they're there, fuses burning.

Check out the complete article.

Adam

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