First, I must say that lately I donīt think "too highly" of Economic and/or Financial Advisors/Counselors/Analyst that work at top notch Investment banks that tend to go belly up, but this guys comments caught my interest
Analyst at Morgan Stanley
http://ftalphaville.ft.com/blog/2008...draaisma-land/
I found points 3 and 7 interesting.
What do you think? Is the Bear market a SUPER BEAR that will last 7 more years? Or are things in the modern 21st century "more accelerated" and therefore everything happens in quicker terms (20 years of Bear market in the 20th century = 7 years in 21st century? Due to technology, wider spread of information and globalization)
Analyst at Morgan Stanley
http://ftalphaville.ft.com/blog/2008...draaisma-land/
I found points 3 and 7 interesting.
What do you think? Is the Bear market a SUPER BEAR that will last 7 more years? Or are things in the modern 21st century "more accelerated" and therefore everything happens in quicker terms (20 years of Bear market in the 20th century = 7 years in 21st century? Due to technology, wider spread of information and globalization)