全球股市

Bad news doesn’t always lead to a bear market

Some investors worry that a new bear market might soon start, assuming that one has not already begun.

Middle East events, a long-running European banking crisis and the Japanese nuclear disaster are steadily pounding away at investor confidence. Here at home, investors worry about rising inflation and the economic effect of the new austerity programme.

It is easy to throw in the towel when faced with a barrage of bad news. Also lurking in the background is the fact that the current bull market has already run for two years.

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