{"id":7766,"date":"2008-05-23T00:00:00","date_gmt":"2008-05-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"soros-says-rebound-a-bear-market-rally","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2008\/soros-says-rebound-a-bear-market-rally.html","title":{"rendered":"Soros says rebound a bear-market rally"},"content":{"rendered":"<p>Reuters- Billionaire hedge fund manager George Soros said on Wednesday the current rebound in stock markets is only a bear market rally because monetary authorities are unlikely to be able to handle the credit crisis. <\/p>\n<p>Soros told a seminar at the London School of Economics, &quot;The prevailing market opinion is that this crisis is like previous ones. &#8230; Markets have been rallying on that. But I think it&#8217;s actually just a bear market rally based on a false conception the authorities can handle all these crises.<\/p>\n<p>&quot;This time the ability of the authorities to handle the crisis is constrained &#8212; they&#8217;ll not be able to avoid a recession,&quot; he said.<img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/295665506\" width=\"1\" border=\"0\" \/><\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/295665506\/idUKNOA22950420080522\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Billionaire hedge fund manager George Soros said on Wednesday the current rebound in stock markets is only a bear market rally because monetary authorities are unlikely to be able to handle the credit crisis. Soros told a seminar at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[279,284,281,229,280,278,117,277,282,283],"class_list":["post-7766","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-acsi","tag-best-performance","tag-conglomerate","tag-eton-park","tag-global-economy","tag-gloomy-assessment","tag-investment-arm","tag-papua-new-guinea","tag-shanghai-composite","tag-sun-sen"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7766"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7766\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}