[blam]

How Much Longer Can This Bear Market Rally Last?

Kevin Depew
Oct 15, 2009 1:55 pm

Markets tend to reach exhaustion on good news, not bad.

How long, O Lord, how long? It's always good to remember that the stock market is not the economy. Every day I come into the office to find literally dozens of emails complaining that the market is ignoring the relentlessly bearish news flow. But that doesn't bother me. What will bother me is when we start getting good news. Markets tend to reach exhaustion on good news, not bad. And these days it's hard to discern between what's merely bad and what's actually disastrous. So, let's take a look at what the difference between the two really is, and what it means going forward.

[snip]

[Marty62]

Thank you for the info. MOST people believe that the Market is an indicator of the Health of the Economy. I blame the schools and msm for fostering this fallacy.

[Freddd]

Can’t be, the state run fringe media is telling us all is good! There is no problem....