pessimism

Macro: NFIB Small Business Optimism — Pessimistic on Earnings Trend

By |2023-11-16T11:32:13-05:00November 16th, 2023|Economy|

Small businesses continue to be pessimistic. The National Federation of Independent Business Optimism Index came in down .1 at 90.7. The survey measures opinions about business and economic conditions in October relative to September. This is the 22nd straight month that the index has been below 98, the 50 year historic average. The most cited reason for pessimism is they [...]

Looking For Silver Linings

By |2012-11-18T19:12:46-05:00November 18th, 2012|Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks, Taxes/Fiscal Policy|

John Templeton, one of the greatest investors of all time, said that investors should buy at the point of maximum pessimism. Nothing illustrates the adage of something being easy to say and hard to do more than that statement. It is of course at the point of maximum pessimism that our natural psychological barrier to executing that strategy is greatest. [...]

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