Just got a call from my broker predicting 3% growth and blue skies for the 2nd half of the year. He's bullish medium to long term. This one's for YellowBull.
What I'm saying is in hindsight the doom and gloom predictions have been wrong for a very, very long time. One of these days somone is going to get it right. But not because they know something, but rather the luck of the draw. At any given point in time there is always someone calling for complete catastrophe. The guy that calls it out just before it happens will look like a genious, but that's far from reality.