Comments on: Everybody down http://blogs.reuters.com/globalinvesting/2009/03/03/everybody-down/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Goyle http://blogs.reuters.com/globalinvesting/2009/03/03/everybody-down/comment-page-1/#comment-1404 Wed, 04 Mar 2009 15:50:22 +0000 http://blogs.reuters.com/globalinvesting/?p=1424#comment-1404 In the Globe and Mail, Brian Milner assails “the professional purveyors of doom and the opportunistic politicians who, to paraphrase an aide to U.S. President Barack Obama, consider a crisis of any kind a terrible thing to waste.” Milner warns us against “a psychological phenomenon known as the Recency Effect”:

“When you reach extremes, emotion causes people to justify a continuing trend and ignore history and long-term data,” says SMU finance professor Brian Bruce.

Via http://www.stockresearchportal.com/stock news.asp

How much of an effect do you think this is having on downward pressure?

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