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Category: Economy

You have to think really hard to be pessimistic right now

You have to think really hard to be pessimistic right now

As I insinuated in my post three weeks ago, the media has a dichotomistic (made that word up) way of looking at the market. We’re either nowhere near the top or it’s all going to hell in a handbasket. The middle ground is pretty much nonexistent because it doesn’t sell advertising. So, each day, they choose one of two templates – pander to fear or cater to greed. Given the typical information diet of retirees, making smart financial decisions during the media’s…

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