Why not? Has human nature which is responsible for the ebb and
flow of the markets changed? Man is probably the most immutable
substance on the planet which is why we are doomed to repeat our
errors ad infinitum. So far governmental response to the crisis has
been entirely predictable. The endgame is also predictable. The
problem is timing it beyond broad strokes.
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Why not? Has human nature
John Hussman is a very conservative mutual fund manager, whose fund did not suffer much loss in the market downtrend of the last few years
Posted by Vida on 21st of Sep 2009 at 03:05 pm
Why not? Has human nature which is responsible for the ebb and flow of the markets changed? Man is probably the most immutable substance on the planet which is why we are doomed to repeat our errors ad infinitum. So far governmental response to the crisis has been entirely predictable. The endgame is also predictable. The problem is timing it beyond broad strokes.