Sunday, May 22, 2016

Four Fantastic Reasons to Be Optimistic!

May 21, 2016
CNBC: It's going to end badly, but you have to buy: Strategist

1. Just look at that headline. Wow! Can't argue with that logic. It's going to end badly, but you must buy, lol. Sigh.

2. However, Dwyer cited 74 straight months of payroll growth, weekly initial unemployment insurance claims being at a multi-decade low in addition to consumer confidence nearing a cyclical high, as reasons for optimism.

3. In 2009, we reached 23 straight months of payroll contraction, weekly unemployment insurance claims reached a multi-decade high, and consumer confidence reached a cyclical low. That was the time for pessimism. As you can see, this is nothing like 2009. In fact, it's the exact opposite. Optimism!

4. Those pessimists who sold all their stocks near the cyclical bottom in 2009, and have been parked in cash earning nothing for 7 years, can finally and safely become optimists again and jump back in near the potential cyclical high of 2016! Sell low, buy high! Optimism for the win! Woohoo!

Just one question. As an optimist, how can this possibly end badly? As an optimist, who therefore expects the best possible outcome, I just don't see it.

Sarcasm? Investment advice? Just me being silly from lack of sleep? You make the call. ;)

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