The global bear market ended on 21 September, with the period since that time developing into a stea...
The global bear market ended on 21 September, with the period since that time developing into a stealth bull market in world equities, according to Aberdeen Asset Management. Michael Karagianis, head of strategy at the group, said this bull market could run through the first half of 2002 at least. 'Following such a long bear market, investors tend to acquire a siege mentality, keeping their heads down and investment risks generally low, until good news emerges,' he said. 'However, I believe that investment markets are entering the sweet spot of the investment cycle when a combination of...
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