Weekly Bull/Bear Recap: Nov. 26-30, 2012
November 30, 2012 - 3:50pm
Via Rational Capitalist Speculator, This objective report concisely summarizes important macro events over the past week. It is not geared to push an agenda. Impartiality is necessary to avoid costly psychological traps, which all investors are prone to, such as confirmation, conservatism, and endowment biases. Bull + China continues to show signs of stabilization and will surprise investors with resilient growth next year. Improving growth propects are already percolating throughout the region. + Contrary to bearish pessimism of disunity in Europe, it’s important to understand that actions speak louder than words. Bickering amongst Europe’s leaders is how things get done there. An agreement to ease the terms on emergency aid to Greece as well as stated commitments to apply “further measures and...
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