J.Stevens

Wall Street Recession Vs. Main Street Recession

I am worried, but, like so many others, I'm having a very tough time justifying my worrying. So far, this year, this market has been much kinder to me and my friends that the indices would suggest. I don't know why, but I am beginning to think we're all embarrassed and don't wish to hurt anyones' feelings. Worse. every one of us who have recently prospered on this market have been advantaged by the prospering of others. Though gasoline is a little more expensive, and food has gone up, particularly lobsters, one can back off the high-priced food and return to the healthy stuff. Some of the talk of inflation is justified but it is not as crushing as it's being depicted. I think this may become one the better years from an investor's standpoint. And I'm one of those pathetic old people we all read about!