You know it went in the toilet with the Great Recession, and as far as I can see, it still is circling the bowl.
Whatever the media is convinced to say.
Whatever the politicians want to say.
Whatever the P.R. people hope you'll say.
Whatever the business community is willing to say.
Whatever the economists are trying to say.
Individual results can't be used as measure, in my opinion. I've just had an absolutely great month: up about 15% after having 14 months of downturns. I'm pretty certain August will also be better than last year. Because I was prepared for a 10% downtick, I've had a 25% boost to my earnings. I'm pretty sure that's going to happen in August, too. Cool.
The Real Economy hasn't changed, however. It just means there was a bottom to the market, and then a new plateau and then another bottom and then another uptick -- and it doesn't distract me from the idea that the fundamentals -- housing sales and prices; unemployment; and idiot politicians haven't changed.
It seems like the further away from the actual real economy an "expert" is, the more clueless he is. The whole idea that we ever came out of the recession, at least here in Bend, is idiotic.
I mean, to me the wise thing to do is expect this kind of slow, slow growth -- if that. You can still make money if you are realistic. It isn't being negative to expect the recession to continue. It's the way you can prepare for the eventual recovery -- whether that happens this year, next year, or years after.
Meanwhile, living in the Real economy is a survival skill.
Whatever the media is convinced to say.
Whatever the politicians want to say.
Whatever the P.R. people hope you'll say.
Whatever the business community is willing to say.
Whatever the economists are trying to say.
Individual results can't be used as measure, in my opinion. I've just had an absolutely great month: up about 15% after having 14 months of downturns. I'm pretty certain August will also be better than last year. Because I was prepared for a 10% downtick, I've had a 25% boost to my earnings. I'm pretty sure that's going to happen in August, too. Cool.
The Real Economy hasn't changed, however. It just means there was a bottom to the market, and then a new plateau and then another bottom and then another uptick -- and it doesn't distract me from the idea that the fundamentals -- housing sales and prices; unemployment; and idiot politicians haven't changed.
It seems like the further away from the actual real economy an "expert" is, the more clueless he is. The whole idea that we ever came out of the recession, at least here in Bend, is idiotic.
I mean, to me the wise thing to do is expect this kind of slow, slow growth -- if that. You can still make money if you are realistic. It isn't being negative to expect the recession to continue. It's the way you can prepare for the eventual recovery -- whether that happens this year, next year, or years after.
Meanwhile, living in the Real economy is a survival skill.