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	<title>Atlanta Planning Guys &#187; Perspective</title>
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	<description>Atlanta Planning Guys is an informal blog  in which CERTIFIED FINANCIAL PLANNER™ professional, Cass Chappell , of Chappell Financial Group,  shares his ideas and opinions with the general public.</description>
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		<title>1974 &#8211; Then and Now</title>
		<link>http://atlantaplanningguys.com/?p=82</link>
		<comments>http://atlantaplanningguys.com/?p=82#comments</comments>
		<pubDate>Tue, 28 Oct 2008 15:49:34 +0000</pubDate>
		<dc:creator>Cass Chappell, CFP®</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[1974 bear market]]></category>
		<category><![CDATA[Against the Tide]]></category>
		<category><![CDATA[American Funds]]></category>
		<category><![CDATA[bearishness]]></category>
		<category><![CDATA[Economic crisis]]></category>
		<category><![CDATA[history repeating]]></category>
		<category><![CDATA[market bottom]]></category>
		<category><![CDATA[market history]]></category>
		<category><![CDATA[market pessimism]]></category>
		<category><![CDATA[Perspective]]></category>

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We have all heard that &#8220;those who don&#8217;t study history are bound to repeat it&#8221; or something similar.  This attachment is an excerpt from a letter written in 1974 by Jim Fullerton, former chairman of the Capital Group.
The situation in 1974 was eerily similar to that of today.  I promise that this should only take [...]]]></description>
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