For months now, many have blamed "negative news" as one factor that is adding fuel to the economic slump. When we hear "doom and gloom" day after day, it has an affect on all of us. Then we open our monthly investment statement (if you have any money in the stock market) and it gets even more depressing.
So when will we see a recovery?
Earlier today, I was reading the Wall Street Journal and noticed several "positive indicators" by just reading the headlines alone. Here's an example of five that caught my eye:
1. Upbeat earnings forecast from Wells Fargo
2. Goldman Sachs seeks New Stock Sale
3. U.S. Exports rose in February
4. Economists See a Rebound in September
5. Signs Point to Stabilizing economy
6. Retail Sales Slip but Profit Outlook Perks Up
Not bad for an economy in a recession! I'm planning to check once a week or so to see if headlines continue to look positive (at least the majority of headlines).
This isn't a scientific or statistical survey, just an opinion. Oh by the way, our office has been busy with buyers and sellers over the last 4-6 weeks - and that's a real sign that things are looking up.
After all, if we're all continue to talk about "positive news" and "business continuing to grow" it might just result in a self-fulfilling prophesy!
Ed, it is about time the news media got off the negative stuff and started to point towards better times. This has been one of my best months in a long time. I hope it keeps on going that way.