Remember: Anyone blogging, on the radio, or TV that is predicting disaster is allowed 100% of their air time to spew their gloom and doom. However, when ever someone predicts that things are better than they seem, all of their air time is consumed with demands for proof and endless debate by the host.
Short sellers are legally allowed to say anything they want about a company and it doesn't have to be true. CEO's are muted by laws that do not allow them to make forward looking statements.
People are more likely to believe that things are worse than they are.
But, eventually the shorts get squeezed because the global economic engine is alive and well. Our current problems are not economic. They are political and they are monetary. It is Politicians and Bankers who created the problems and because they control laws and money they can never be held to account for their impact on common people.
When the turnaround comes, and it will, the same politicians and bankers will be standing in line to accept the credit.
Since the creation of the markets, it has been a macro "bull run". The general trend has always been up.
The future is very bright but I have no data to defend my position. Even if I did, would you believe it?
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