Mar 16, 2020 · Data and Psychology Say Maybe. He is the author of “The Fearful Rise of Markets” and other books. No administration would want to close the stock market. … Psychology of the Stock Market - Google Books Page 29 - The press reflects, in a general way, the thoughts of the multitude, and in the stock market the multitude is necessarily, as a logical deduction from the facts of the case, likely to be bullish at high prices and bearish at low. It has often been remarked that the average man is an optimist regarding his own enterprises and a pessimist regarding those of others.