Bear markets, and their inevitable casualties, could undoubtedly produce all the soppy ingredients for ready-made movie scripts, and possibly spawn a few Hollywood bestsellers. But is there a direct link between the quantum of horror movies being produced and the incidence of bear markets? Or, on the other side of the pendulum, the number of feel-good movies and bull markets? I wouldn’t have thought that investor sentiment was as omnipresent, but Robert Prechter, well-known market analyst, has a different take on matters.
Please click on the link below for an intriguing hypothesis regarding this, courtesy of John Leadbeater of WallStreetBear.