
Day Two at Schwab Impact in Philadelphia
Bloomberg Businessweek
Wall Street Perspectives and Unusual Market Behavior
This chapter discusses the perspectives of those on Wall Street who are unfamiliar with the current market conditions. It highlights conversations about mortgage rates, advises against market timing, and explores the lack of significant market lows in the past year. It also mentions the unusual behavior of bank stocks and small caps after a long period without a market low.
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