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Hale-Bopp Prophecies and Other Impossible Forecasts

Equity markets again seem to have scaled "the wall of worry." As such, the massive stock market advance since September of 2010 has caught many offside. A near-panic of left-behind investors has ensued, as stock markets reach the best levels in 27 months. We can't remember a period where swings in sentiment have been so uniform, capricious, rapid and extreme. Not to be underestimated is that the "zeitgeist" is having its influence.

Hale-Bopp Prophecies and Other Impossible Forecasts

 

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