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JAN 23, 2013 - Business Insider

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FINANCIAL ADVISOR INSIGHTS: Rosenberg Says Fear And Greed Drive All Cycles

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Two Extreme Emotions That Never Entirely Go Away Cause Cycles (David Rosenberg) Fear and greed are two extreme emotions that never go away and that's why we have cycles, according to David Rosenberg. In a 2007 FOMC meeting Dallas Fed president Richard Fisher said, "I lived through the corrections of the S&L market, portfolio insurance, the crashes of '87, '97, and so on. When you sort through them, all of them have a common basis, and that is a search for greater ... Read More

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