Tuesday, May 3, 2011

the beat (of pessimism) goes on....and on...and......

Here is an image of the cover of the latest Economist. I love the line chart of a "crash" photoshopped onto Miss Liberty's tablet.

The Economist is a little late to the pessimists' party, but does contribute its bit to the chorus of naysaying. As I have repeatedly emphasized here, the pessimists are going to have to quiet down quite a bit before this bull market ends in the US, and indeed in the rest of the world too.