Tuesday, October 14, 2014

Facts vs. Fears

The United States is producing well over 200 thousand jobs each month.  ISIS!  The latest survey of small business shows the highest level of firms saying now is a good time to expand.  Putin!  Lending to business is up 6.3% over last year.  Ebola!  The stock market hasn't had a 10% correction in 31 months.  Worry!  Oil prices are falling, with gas falling under $3/gallon.  Fret!  The dollar is once again strong and getting stronger.  Oh, No!  The annual Federal budget deficit has dropped over 50%.  Anxiety!  There is absolutely no evidence of inflation on the horizon.  The End Is Near!  Manufacturing is up 4.1% over last year.  We're All Going To Die!  Interest rates will not be going up for at least another 6-12 months.  Is It Too Late To Attend Church?  Corporate earnings are now at the all-time high.  That's It -- SELL, SELL, SELL . . . After all, you can always review the facts later???