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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Frank Veneroso: Investors Appear Too Optimistic | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="rnFWCSnmno"&gt;&lt;a href="https://www.nakedcapitalism.com/2009/05/frank-veneroso-investors-are-too.html"&gt;Frank Veneroso: Investors Appear Too Optimistic&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2009/05/frank-veneroso-investors-are-too.html/embed#?secret=rnFWCSnmno" width="600" height="338" title="&#x201C;Frank Veneroso: Investors Appear Too Optimistic&#x201D; &#x2014; naked capitalism" data-secret="rnFWCSnmno" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Frank Veneroso is skeptical that a downturn of this magnitude could be nearing an end as soon as the markets seem to believe. He parses the data and investor psychology. Another useful take comes at the Financial Times, where John Authers interviews bear market expert Russell Napier. Opt Publish at Scribd or explore others:</description></oembed>

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