The most interesting aspect of this study into the results of excessive pessimism meeting oversold markets is that the last 4 times we have experienced such a dynamic the markets have declined by double digit percentage within the 3 month period each and every time.
"Undoubtedly the most spectacular aspect of our 16-year study, is that it has delivered what is now considered to be the best empirical evidence that super-massive black holes do really exist, " said Professor Reinhard Genzel, head of the research team.
One of the challenges with this style of study is that it is difficult to account for every aspect of life which might affect the probability of developing autism, such as family history.
In other words, the diminution of memory in the poorer members of their study was entirely explained by stress, rather than by any more general aspect of poverty.