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Bullishness Approaching Mania | Peter Atwater on Market Psychology And “The Confidence Map”
Forward Guidance
The Positive Feedback Loop in Regional Banks
The market's investors are very good these days at picking out things that were taken for dead and resurrecting them like Lazarus. So what looks horrible right now, other than I guess natural gas and maybe Chinese stocks? You know, some would say that the regional banks have looked really bad. And you saw that to an extent earlier this week with Schwab where the crowd suddenly concluded that the worst is behind it.
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