Sony’s Hirai Cuts Forecasts as Tsuga Leads Panasonic Revamp - Bloomberg:
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"Optimism raises equities and rising equities create wealth, thereby induces consumer confidence, so rising confidence increases consumer spending, when increased spending spurs more productions and thereby creates more employments, and vice versa."
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Buffett reaps $10 billion from crisis-era investments
Buffett reaps $10 billion from crisis-era investments: ""In terms of simple profitability, an average investor could have done just as well investing in the stock market if they bought during the panic period," Buffett told the Journal on Saturday. "You make your best buys when people are overwhelmingly fearful.""
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