A Restoration of Confidence in the Markets Means Everything [View article]
Jason has a good point with his 'confidence' theme. It is an emotion whose power can be observed in many venues outside of the economy. It is a huge factor in all sports competition where it is sometimes referred to as 'momentum'. With confidence the collective human mind can overcome any obstacle and solve any problem. Without it nothing positive can happen. I fully expect a sea change in confidence as we approach the inauguration of a new President.
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Jason has a good point with his 'confidence' theme. It is an emotion whose power can be observed in many venues outside of the economy. It is a huge factor in all sports competition where it is sometimes referred to as 'momentum'. With confidence the collective human mind can overcome any obstacle and solve any problem. Without it nothing positive can happen. I fully expect a sea change in confidence as we approach the inauguration of a new President.
Dec 02 15:36 pm
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