WSJ Readers Turn to the Bullish Side

Not a Portfolio.com Insider?

In This Issue of Condé Nast Portfolio

Home > Views > Blogs > Market Movers > WSJ Readers Turn to the Bullish Side

Your Name

Your Email Address *
Send a copy to me

Recipient's Email Address *

Separate multiple email addresses (max 20) with commas.

Subject *

Message

0/1500

Email Confirmation

Market Movers

by Ryan Avent

Main

Dreaming of Regulatory Cooperation Extra Credit, Wednesday Edition

Jan 29 2008 5:18PM EST

What are we to make of the fact that Brian Wesbury's bullish outlook piece in the WSJ spent much of the day atop the most popular list?

The first thought is that it's a bearish sign: so long as there's lots of support for the bull case, markets still have a fair ways to fall.

But I'm not so sure. I think it could just be that investors have heard so much bearishness of late that they find a bullish piece refreshing - as well as a reason not to panic.

And for all that Wesbury is something of a permabull, his piece does make some reasonably good points. Of course it's possible that things are going to get excruciatingly bad. But it's also worth remembering that the US economy does have a habit of surprising on the upside. I'm not as bullish as Wesbury, but I'm still glad he and his ilk are out there, fanning the spirits of optimism and providing a bid to the market.

See more in

investing

Add Your Comment

Already a Portfolio.com Insider? Sign In

Comments*

Thank you for registering as a Portfolio.com Insider. Your comment has been added.

Create Your Public Profile

Recent Blog Posts

The Times' Rorshach Geithner Story
Apr 27 2009 9:26AM EDT
Sinking Animal Spirits
Apr 27 2009 8:45AM EDT
Counter-cyclical Urban Policy
Apr 26 2009 10:00AM EDT
Be Your Own Counterfeiter
Apr 26 2009 9:36AM EDT
Being Tim Geithner
Apr 25 2009 12:37PM EDT
Notes From a Press Conference Naif
Apr 25 2009 9:41AM EDT
What Good is the News?
Apr 25 2009 8:32AM EDT
Stressful Enough
Apr 24 2009 2:29PM EDT
Not Regretting the Pound
Apr 24 2009 1:09PM EDT
Introducing the New Ford Squeeze
Apr 24 2009 9:47AM EDT
Non-Economic Questions of the Day
Apr 24 2009 9:12AM EDT
The Stress Test Blind Alley
Apr 24 2009 8:36AM EDT
Happy Hour
Apr 23 2009 9:40PM EDT
Recovery Without Rebalancing
Apr 23 2009 6:13PM EDT
The Shape of Your Recession
Apr 23 2009 5:11PM EDT

Links

Also in Portfolio.com

Visit our partner sites

Subscribe to a magazine:

Visit our sister sites:

Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive Data. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Company fundamental data provided by Hemscott. Economic data provided by Econoday. News provided by Comtex. Sec Filings data provided by Edgars. The Wall Street Horizon National Consumer Interest Rate Survey. ©2009 Wall Street Horizon. PMMS Mortgage Data ©2009 Freddie Mac. Mortgage averages are for conforming mortgages with 20% down.