In a situation known as a “bear market,” widespread pessimism has negative consequences on prices and securities, yet the market still functions. The trend also needs to last longer than two months to be able to gain the aforementioned title, which was most recently applies to the American classic car scene, and in particular domestic classics from the finned and rocket-inspired 1950s (exemplified in the video below). Read more »
Wednesday, February 26, 2014
American Classics’ Value Depreciating in Favor of Imports
In a situation known as a “bear market,” widespread pessimism has negative consequences on prices and securities, yet the market still functions. The trend also needs to last longer than two months to be able to gain the aforementioned title, which was most recently applies to the American classic car scene, and in particular domestic classics from the finned and rocket-inspired 1950s (exemplified in the video below). Read more »
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