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ArtikelBriefing Unrepentant Bears The end is nigh (again)  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 393 no. 8651 (Oct. 2009), page 77-78.
Topik: bearish call; investment; stockmarkets
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.57
    • Non-tandon: 1 (dapat dipinjam: 0)
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Isi artikelPessimistic commentators remain anything but convinced by the stockmarkt rally. Albert Edwards first made a bearish call on the American stockmarket at the end of 1996. As an investment-bank strategist (then at Dresdner Kleinwort, now at societe Generale), he was subjected to a fair degree of ridicule over the next decade, particularly during the dotcom boom. But in the long run Mr Edwards turned out to be right, with the last year's financial calamities his apparent vindication. Had investors sold the s&p 500 index on his recommendation, bought Treasury bonds and held them for the past 13 years, they would have received a higher return.
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