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TIP562: How to Cope With Market Cycles
We Study Billionaires - The Investor’s Podcast Network
The Three Stages of a Bull Market
Howard Kurtz: As Mark Twain said, history doesn't repeat itself, but it does rhyme. He says there are a number of reasons that cycles come into play time and time again. In the third stage of a bull market, investors act as if they'll get better forever, he says. And then Howard has a couple sections here that cover bull markets, bear markets, as well as stock market bubbles and crashes.
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