Nice way to show how the investor sentiment cycle lags behind the business cycle, yet manages to follow it . . .
Source: Dunno where exhibit 15.1 came from, if anyone can help that would be appreciated, but I saw it via Twitter
Nice way to show how the investor sentiment cycle lags behind the business cycle, yet manages to follow it . . .
Source: Dunno where exhibit 15.1 came from, if anyone can help that would be appreciated, but I saw it via Twitter
Investor Behavior: The Psychology of Financial Planning and Investing
By H. Kent Baker, Victor Ricciardi
Chapter 15 – Advising the Behavioral Investor: Lessons from the Real World (Financial Planning Concepts)
http://gersteinfisher.com/wp-content/uploads/2014/11/Advising-the-Behavioral-Investor.pdf
It’s Chapter 15 of the book – this blog is referenced on page 451.