Three articles to combat celebrity bears

Date: 2009-04-13

Tags: Client communication

Last week's "Night of the bears" in Toronto drew lots of media coverage.Here are three articles you can send clients that provide perspective on the celebrity bears - two come for the Globe and Mail, the other features Professor Jeremy Siegel from Wharton in an article and audio interview."Celebrity bears all the rage; but we've seen fads before"
Bearish mantras need to be heard; but with a grain of salt
<http://www.theglobeandmail.com/servlet/story/RTGAM.20090410.wtakingstock0411/EmailBNStory/robColumnsBlogs/>

"Bears, bulls and the hazards of gurudom"
Consider the possibility that the bears might miss it when the economy turns
<http://www.theglobeandmail.com/servlet/story/RTGAM.20090408.wdecloet0409/EmailBNStory/SpecialEvents2/>

Jeremy Siegel: 'Once the Market Has Fallen 50%, Your Future Returns Are Even Better'
http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=2188
U.S. stocks raised eyebrows this week and last, closing higher in six of seven trading days, including four in a row from March 10 to 13. But how does the market look for the longer term? In an interview with Knowledge@Wharton, Wharton finance professor Jeremy J. Siegel says he was pleased to see consecutive gains after so many declines. He adds that history provides lots of evidence that stocks remain good long-term investments, especially when they are down 50% from their peak.

Visit http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=2188 for the complete story.