Bull!

Financial journalist Maggie Mahar looks at the recent bull-market years in the American stock market, offering a helpful perspective on earlier bull-bear cycles, such as the years leading up to the great stock market collapse in 1929, and the period from 1970 to 1974. Mahar cites studies by great economists including John Kenneth Galbraith and Charles Kindelberger, and talks to stock analysts Henry Blodget and Abby Joseph Cohen, former hedge fund manager James Cramer, and Main-Street investors. She also discusses the spate of leveraged buyouts, the junk-bond frenzy, and media hype, as factors that led to this particular bull market. Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.