http://www.bnn.ca/News/2011/6/16/Is-this-a-bull-or-bear-market.aspxBNN.ca staff | June 16, 2011 Equity markets have pulled back sharply in recent weeks and fears over
the economic recovery are becoming more pronounced. BNN gathers two
noted investors for their take on whether the bull-run of the last two
years is over or if this is just a temporary roadblock.
"I don’t think we are at the end of the bull market because if you are
signaling the end of the bull market you are basically shorting
ingenuity,” Prakash Hariharan, Portfolio Manager at Front Street
Capital, tells BNN. “After all, people build companies and grow their
enterprise values over a period of time.”
"There’s been unsustainable values on account of fiscal policy measures propagated by the Fed,” he adds.
Dunnery Best, Managing Director and Portfolio Manager at CIBC Wood
Gundy, says negative headlines are contributing to the dark mindset of
investors.
“It feels frightening because of the headlines, but the building blocks [for economic growth] are firmly in place,” he says.
These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation.
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