Comments on: Everybody down http://blogs.reuters.com/globalinvesting/2009/03/03/everybody-down/ Insights behind the investment headlines Sat, 18 May 2013 15:38:56 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Goyle http://blogs.reuters.com/globalinvesting/2009/03/03/everybody-down/comment-page-1/#comment-1404 Goyle 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/stocknews.asp How much of an effect do you think this is having on downward pressure? 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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