Bullish Forecast Despite Doom and Gloom
U.S. Newswire, March, 2008
To: BUSINESS EDITORS
Contact: Nick Van Nice of Nexus Financial Group, Inc, 1-561-236- 5216
ATLANTA, March 28 /PRNewswire/ -- Brian Peart, CEO of Nexus Financial Group, Inc and one of Bankrate.com weekly survey experts, believes the stock market has bottomed and that over the next few months the market will begin to adjust to the reality that a recession is not happening.
Speaking at the Commercial Capital Net Branch Conference in Atlanta last week, Peart said, "Bear Stearns Monday was less important than what I will call, 'Lehman Tuesday'." Brian continued, "What we saw in those two days was a microcosm of what we will see over the next several months. The market has priced in a doom and gloom recession and the Bear Stearns fire sale was the climax. Without...
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