Sage Advice Quarterly Market Review 3Q1997

After terrorizing the financial landscape during the first quarter, the bears are now running for cover. Just as their menacing ways were honed by the economy’s torrid growth earlier in the year, they have been de-clawed by the growth meltdown in the second quarter. What’s more, our fuzzy friends have been rendered toothless by the complete absence of the much-dreaded inflation dragon. Did someone cry wolf?