Tuesday, November 9, 2010

Economic Hope Cannot Blind Investment Vision

If economic hope/optimism makes you a more objective investor, then by all means be optimistic. This frame of mind, however, cannot turn vision into blindness. When it does, economic hope is a dangerous emotion.

None of the secular trends displayed in the capital markets support any of proposed economic possibilities. A quick search of this website will support that assertion.

Headline: Here Come the Jobs! The Case for Optimism, Part II

It's hip to be gloomy about the US economy. It might even be prudent to be as pessimistic as the economists predicting a Lost Decade for America. But what if the Doomsdayers are wrong?

If it's not easy to find evidence of a strong economic recovery next year, it's not impossible either. So I'm rounding up whispers, rumors and green shoots for a surprising economic bounce back and making a list you can use as a resource or a rebuttal to the doom and gloom. I'll be updating the list through the year and into 2011.*

Feel the optimism, America! Here are your reasons for hope...

Source: finance.yahoo.com

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