The author suggests that the stock market might approach the bottom of its decline during the first half of 2009. And he believes that technology stocks, which have held their price better than the rest of the market, are likely to lead the market higher. But several developments may squelch that recovery- including the geopolitical situation and rising protectionism. (C) 2009 Wiley Periodicals, Inc.
机构:
Department of Physics, University of North Carolina at Wilmington, WilmingtonDepartment of Physics, University of North Carolina at Wilmington, Wilmington
机构:
Financial Options Research Centre, N. Iraklio 14121, Athens
Financial Options Research Centre, Warwick Business School, University of WarwickFinancial Options Research Centre, N. Iraklio 14121, Athens
Skiadopoulos G.
Hodges S.
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机构:Financial Options Research Centre, N. Iraklio 14121, Athens
Hodges S.
Clewlow L.
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机构:Financial Options Research Centre, N. Iraklio 14121, Athens
机构:
Smeal College of Business, Pennsylvania State University, University Park
China Center for Financial Research, BeijingSmeal College of Business, Pennsylvania State University, University Park
Cao C.
Huang J.-Z.
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Smeal College of Business, Pennsylvania State University, University ParkSmeal College of Business, Pennsylvania State University, University Park