That is the type of market they'll be looking at.
This particular type of market failure occurs when two conditions are met.
The private equity sector has been best at working through this type of market.
Should it change to the type of market economy that exists in the United States?
"But in this type of market a guide down, even in one quarter, is a guide down.
"It's just the type of market where a bottom-up stock-picking approach works best," he said.
Workers between ages 55 and 61 are not found to be responsive to either type of market fluctuation.
"So I don't think we're necessarily going to suffer the same type of market pain as the last time," she said.
"The N.A.S.D. has ties to a particular market center, and has an interest in preserving a type of market structure," she said.
Portfolio managers' recommendations for this type of market are running in the same direction as bond-fund inflows: toward investment-grade corporate bonds.
But, he added, this is a "momentum type of market where strong performance begets strong performance, and that is enough to overcome the valuations".
