n Personal Finance Newsletter - The difference between bull and bear markets : markets

Volume 2015, Issue 412
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It is always easy to identify market cycles with the benefit of hindsight, but it is unbelievably difficult to predict them with any level of certainty. Many an investment career has been ruined by trying to anticipate these, and being too early. A number of global investors called an end to the long-term Japanese bear market after ten years, only to see it last another decade.

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