Belief in market gloom can be self-fulfilling prophecy

Posted: 2/28/2009 12:00:00 AM Reads: 224 Submitted By:jeff Category: Alternative Spirituality Source: business.theglobeandmail.com

It turns out that the U.S. economy actually shrank in the fourth quarter at a stunning 6.2-per-cent annual clip. It was the worst such nosedive since the grim early months of 1982 and only the fifth time a negative quarterly number has exceeded 6 per cent since the green eye-shade brigade began keeping track of such things more than 60 years ago.

COMMENTS

Please log in to comment.