Mr. Market Doesn't Care What You Think

January 21, 2013   |   January 2013 Bond Updates
The stock market doesn?t care what you think. Investor sentiment has little bearing on whether prices go up or down. Even former Fed Chairman Alan Greenspan?s 1996 quip that the stocks may have reached the ?irrational exuberance? level didn?t stop the market from doubling again by 1999.  Sentiment only makes a difference during extreme market periods.

View more at: http://www.forbes.com/sites/rickferri/2013/01/21/mr-market-doesnt-care-what-you-think/
 
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