14 Mar 2003 Mr. Market Can Be Emotional
Posted at 16:03h
in The Friday Brief
Hardly anyone would disagree with the premise that Mr. Market has been unusually emotional these past three years. But the last couple of weeks have demonstrated just how emotional investors can get after a prolonged bear market. The drone of bad news has been like a vise, applying increasing emotional pressure almost by the hour. One negative development after another has pounded stock values down and risk-averse investments up.