When Mr. Market goes into a sulk, he takes a long time to come out of it. Real bear markets last 10…15…20 years. And judging by the meltdown in the financial sector…and the rapid losses we’ve seen over the last three weeks…we have a real bear market on our hands. This bear market actually began in January 2000 when the tech sector crashed. But it was reversed when the feds opened a Hoover dam of liquidity, beginning in 2001-2002. Stocks floated higher…
October 22nd, 2008 | Bill Bonner | 5 comments | Continued
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All Ordinaries 4318.900 -40.500
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Gold Sep 11 0.00 0.00
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2012-02-14 00:39 Most Comments
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