Hard as it may be to remember in a bull market, society doesn't get any richer when UPR exchanges its cash for Pennzoil's shares.
In a bear market, it is much easier to remember that.
mnli hypothesis: In a bear market, it is much easier to remember that. premise: Hard as it may be to remember in a bull market, society doesn't get any richer when UPR exchanges its cash for Pennzoil's shares.