The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling and Bill Gross, all of whom predicted the opposite. This raises several questions about how stocks move, and why pundits say the things they do.
Continue reading Why the Pessimistic Pundits Are Wrong — in More Ways Than One
Why the Pessimistic Pundits Are Wrong — in More Ways Than One originally appeared on DailyFinance on Mon, 06 Dec 2010 09:20:00.
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