Those Bearish Brits

摘要

One reason this stock market is so spiffy is that journalists are so dour on it. They reflect and, in fact, promote low investor sentiment. The setting is perfect for a nice rebound. The journalists I have in mind are primarily not from the U.S. but from Europe. But since the stock market is largely global, America's market won't go far in any direction without the rest of the world in parallel. And the rest of the world has economic writers aplenty who are down on the stock market.