I don't think everybody knows it... the public at large is getting a daily dose of bad news about the economy in the newspapers and on the CBS Evening News... here's what everybody knows, they know headlines: the recession is coming, the stock market is falling, the bubble has burst, people losing investment money, economists warn of bad news ahead, rates cut drastically to head off a recession, companies report terrible earnings, department stores are closing, Christmas sale were terrible, people are being laid off, etc.
If we hear it enough times, we'll actually believe it... I like to stand back and look at the whole picture, the world is not ending, these markets are moving higher, fear is plentiful, and these markets will resume their uptrend in the face of all this.....IMHO
GZ |
