The Bull-Bear Debate: Will Google Bum Out The Bears?
Todd Harrison: I’ll tell ya, it ain’t easy being green—and that’s been the case since December 2011 when we offered the same exact vibe.
While some newbies in the ‘Ville might mistake us for Pollyanna, the Old School in our midst would chuckle at that notion. If anything, we’ve been branded bears over the course of the last decade, which isn’t such a bad thing considering it was the worst 10-year stretch in financial market history.
Be that as it may, looking back doesn’t help much when trying to navigate a forward path. And while the Buzz & Banter (click here for a free week!) has recently been chock full of bullish bents—it’s been more bullish than I’ve ever seen—Hoofy has been rewarded for his optimism…thus far.
Yesterday, on our real-time Buzz, I offered the following take:
Yes, the tape acts great—it shrugged off the sovereign downgrades and gobbled up supply as fund managers relaxed the risk-parameters that handcuffed them into year-end—but few markets move in a straight line.
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