Showing posts with label equities. Show all posts
Showing posts with label equities. Show all posts

Sunday, October 18, 2009

A "Sucker's Rally"

The Business Insider has an interesting gallery of prominent analysts who called the stock market rally since March a "bear market rally" and advised clients to take money out of equities. Here's a graphical representation:



Not surprisingly, the bears who most accurately predicted the crash, such as Nouriel Roubini, John Mauldin, and David Rosenberg, were also among the first to call the rise in stocks a "sucker's rally."