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- It’s as Bad on Main Street as on Wall Street
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A long-standing observation of ours is this: the further you get away from Wall Street, the more optimistic you get.On Wall Street, stocks go up and down—sometimes violently—every hour, minute and second of the trading day. Wall Street’s Finest slash ratings on stocks, worry about quarterly earnings and panic at the slightest headline.Yet head out to La Guardia, and the airplanes are full of business travelers; travel to Silicon Valley and Route 101 is packed with traffic; visit Chicago and Michigan Avenue stores are full of shoppers. Life—and commerce—carries on….
Original Source: jeffmatthewsisnotmakingthisup.blogspot.com
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3 October, 2008| Fundamental Analysis |
@ 4:56
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