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Bad News or Good - Are You Hearing the Whole Story?

I wanted to share some information from Keeping Current Matters which I read this morning - and add my thoughts to it. There’s a lot of anxiety right now regarding the coronavirus pandemic, the health situation, and the impact on the economy.  I believe our job is stay calm ourselves, follow the rules regarding our health, continue to work in and on our business, and to share helpful information with our clients and community.
Unfortunately,  there are a lot of horrifying headlines put there, which don't always reflect the information in the articles themselves.  It is really important to read the whole story.  Here are two examples of misleading headlines that Keeping Current Matters referenced.
1. Goldman Sachs Forecasts the Largest Drop in GDP in Almost 100 Years I read this and it sounds pretty bad ... if you stop with the headline. However, the headline doesn’t reflect the full essence of the Goldman Sachs forecast. Goldman actually expects that we’ll have a tough first half of the year, but the economy will bounce back nicely in the second half; GDP will be up 12% in the third quarter and up another 10% in the fourth.
This is consistent with research from John Burns Consulting that stated:
“Historical analysis showed ... more

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