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English to German translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:the pessimism of disbelief
Kontext: Podcast mit einem Fondsmanager
Moving forward, one thing to consider is that the negative investor sentiment prevailing today, and the level of pessimism that still exists. I mean, it's all real consistent with this notion that we've talked about in the past, which we call ***the pessimism of disbelief***. Really what this says is that when bear markets end, few people believe it, there's this general disbelief in a brighter economic future. There's this general disbelief in a brighter investment future. And today investors are hyper focused in on all the ugly economic data that's been coming at us.