It seems you have JavaScript disabled.

Ummm.. Yeah... I'm going to have to ask you to turn Javascript back on... Yeah... Thanks.

Richard Bernstein Finally Gets It Right at Trader’s Narrative

Richard Bernstein Finally Gets It Right

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/traders/public_html/wp-includes/functions-formatting.php on line 76

The Merril Lynch chief investment strategist, Richard Bernstein, seems to have finally gotten it right. As the saying goes, even a blind squirrel finds a nut eventually.

Almost to the day this time last year, Richard Bernstein flipped from a dyed-in-the-wool bear who had fought the cyclical bull market three years out of four, to a born-again bull.

If we end the year here and now, Bernstein seems to have finally gotten it right. Assuming we coast, the S&P 500 will have gone up by about 5% in 2007.

S&P500 SPX 2007 performance

Here’s the screenshot of the Bloomberg article from Dec 12th 2006:
(click to enlarge)

richard bernstein Dec 12 2006 bloomberg

Enjoyed this? Don't miss the next one, grab the feed  or 

                               subscribe through email:  

No Responses to “Richard Bernstein Finally Gets It Right”  

  1. No Comments

Leave a Reply