It is therefore, important to keep in mind that in a bear market even the stocks which will be the future leaders face powerful headwinds coming from the value destruction that bear markets bring along. There are numerous similarities between the 2000 TMT bubble and the current US stock market bubble. However, whereas the 2000 bubble was concentrated in just the TMT sector the current asset bubble is just like SPECTRE (Special Executive for Counter-intelligence, Terrorism, Revenge and Extortion) everywhere – admittedly to lesser degree in some asset classes. The 2000 NASDAQ collapse - because of its narrow scope - did not cause widespread economic or financial hardship. This cannot be said of the current all-encompassing asset bubble. Whenever it will burst, the economic damage will be considerable all around the world as well as the capital losses to asset holders as there are hardly any places to hide.
Draft in hand? Now you’re ready to revise. Spending a lot of time revising is a wise idea, because your main objective is to present the material, not the argument. So check over your review again to make sure it follows the assignment and/or your outline. Then, just as you would for most other academic forms of writing, rewrite or rework the language of your review so that you’ve presented your information in the most concise manner possible. Be sure to use terminology familiar to your audience; get rid of unnecessary jargon or slang. Finally, double check that you’ve documented your sources and formatted the review appropriately for your discipline. For tips on the revising and editing process, see our handout on revising drafts .