Peter Drake is vice-president, retirement & economic research, for Fidelity Investments Canada, and has appeared on our radio show many times. We had a chance to hear him speak recently over lunch, and many of his insights can be found in this article that he recently published. A wonderful, sober, read.
“Every market and economic downturn is marked by at least one analyst declaring that “it is all different this time.” Of course, we know it is never all different, though each downturn has its own unique characteristics. So do recoveries, and the coming recovery isn’t likely to deviate.”
The entire article can be found here: http://www.advisor.ca/advisors/investments/marketinsights/article.jsp?content=20090603_173010_8028
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