"Disciplined Systematic Global Macro Views" focuses on current economic and finance issues, changes in market structure and the hedge fund industry as well as how to be a better decision-maker in the global macro investment space.
Wednesday, February 5, 2014
Templeton on bull markets
John Templeton, "bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria".
By this measure, we can go further with this market. Sometimes you have to take these adages with a grain of salt but I still like the thought process here. The question is always what makes this the same or different from past bull markets.
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