"I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around"
- Sumner Redstone
About this Quote
Sumner Redstone's quote suggests that he believes the economy is on the cusp of a bull market. A bull market is a time period when stock prices are increasing and financiers are positive about the future. Redstone believes that when a bull market begins, the economy will reverse 9 months later. This implies that if the current market conditions continue, the economy should start to enhance in nine months. Redstone's quote is a positive outlook on the future of the economy and recommends that financiers must be positive in their investments. It is important to note, however, that the stock exchange is unpredictable and there is no warranty that the economy will enhance in 9 months.
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