Randy (29 Sep 2010)
"FYI re: Economy:  2 Articles....Both CANNOT be Right!!"



This divergence of opinions, from "esteemed" professionals in the Financial and Economic fields is what is making THIS period of time extremely difficult to make "good" investment decisions.....Eventually, you just HAVE TO HAVE your own opinion and GO WITH IT.


OPTIMISTIC:  Great Next Decade - see article link below

http://finance.yahoo.com/news/Ken-Fisher-Dubs-New-Normal-bloomberg-2154212900.html?x=0&sec=topStories&pos=6&asset=&ccode=


PESSIMISTIC:  US Economy Close to Tipping Point - see article link below

http://finance.yahoo.com/tech-ticker/u.s.-economy-%22close-to-a-destructive-tipping-point%22-glenn-hubbard-says-535457.html?tickers=%5EGPSC,%5EDJI,SPY,UUP,UDN,TBT,TLT&sec=topStories&pos=9&asset=&ccode=


I remember books going back as far as 1990 with titles like "The Coming Depression of the 1990's".   And this year, there has abounded a slew of "professionals" calling for the total collapse of EVERYTHING.  Hmmmmm

I continue to say "until the Rapture happens, things go on as normal"...whatever "normal" is these days.  There is ALOT of financial pain out there for many people.......

YFIC,

Randy

PS....we are 2-3 months from my Economic recap fo 2010.....talking about whether all the REALLY BAD economic predictions came true or not.....so far, they are all running out of time!!