…and so it begins

March 18, 2009 | 2 : 36 PM
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images1.jpegAnyone got any ideas why lately we have seen more positive stories then before?  I have an opinion, I’ll share later.Here is another one where a survey of 213 fund managers who manage a half trillion dollars.  They are now equally split on who feels the economy is getting better.  Only a short two months ago it was definitely one-sided of those who felt it was going to be worse, as well it is the highest level of growth expectations since 2005.I love this quote from one respondent “I know it seems not that great, but 3 or 4 months ago the market was forecasting armageddon.”  This has some connection to what the Fed chairman said on 60 minutes on Sunday.  I am beginning to think we did not know how bad it really was a few short months ago, and furthermore if people who are in the know are now starting to talk optimism then I think we are on the right road.By the way I said I would offer my opinion why the media seems to be reporting more positive news?  I think they have been served a bitter pill by the very people who support them, their advertisers, that if they don’t smarten up they were going to lose some big accounts.I know for a fact that happened locally.  I say, it is about time they listened.  Balance is the key fellas.

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