The PM was rightly perceived as insensitive earlier in the campaign in seeming to brush off valid investor concerns in a plunging stock market by noting that it's in times like this that bargains emerge. Which doesn't make him wrong in that assessment, as I noted in the Star's print edition.
Harper's upbeat view on stocks is echoed in last Sunday's New York Times feature on long-term investing:
“I think in years to come — I wouldn’t say months to come — we will perceive this as being a great value-buying opportunity,” said David P. Stowell, a finance professor at [Chicago's] Northwestern [University] and a former managing director at JPMorgan Chase. “Two and three years from now, it will seem very smart.”
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