Professor Mark J. Perry's Blog for Economics and Finance
"The bottom of the bear market is where fear and greed come face to face."
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
5 Comments:
The top of a bull is when the supply of greater fools runs dry.
The top of the bull market is where fear and greed don't acknowledge each other's existence, popularly known as, "It's different this time."
Maybe fear and greed are always face to face? Strange bedfellows!!
Actually, the top of the bull market is where greed and fear come face to face.
It's a matter of which one (after a period of respite) pops their head up suddenly saying 'O HAI. 'MEMBER MEEZS?'.
> Just wondering, wouldn't it also be true that "the top of the bull market is where fear and greed come face to face?"
Obviously wrong. Anyone can tell you, the TOP is where greed and fear come face to face.
Silly perfesser.
:oP
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