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Stock Nov 2011 - "Stock Market: Sentiment and Reality"

Stock Nov 2011 - "Stock Market: Sentiment and Reality"

Stock Nov 2011 - "Stock Market: Sentiment and Reality"

Excerpt


Stock Market: Sentiment and Reality


Shakespeare’s Hamlet observed that nothing is good or bad, but thinking makes it so. He certainly wasn’t talking about the stock market, but his commentary fits the market’s dizzying ups and downs some 450 years later. How else can we explain a market that ended the third week of October showing an 11 percent bounce-back (since its Oct. 3 low), only to post losses that wiped out all the gains just three days later? Volatility like this suggests an investment community that wants to embrace good news but is fearful of other major factors – notably the European debt crisis. Here’s a synopsis of some of the current talking points.



 


 


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