Economy and Markets: Where is the Doom and Gloom?

For the last many months what little I have read or seen on the economy is not good for the most part. Even the mainstream media is belaboring how bad things are and you would think that they would put a more positive spin on it given that the dems are in control and are theoretically “responsible” for any messes. Of course, they might look back and blame Bush or go way back and blame Reagan. Oh well, never mind, who cares anyhow?

Interestingly a lot of media types and experts have been calling for a near collapse or total collapse of the economy; and some have said society too this year. First it was going to happen in September, then that got moved back to October and now here we are in November. So where is the collapse?

I understand, fundamentally things are weak, but here are some interesting things to consider:

• In my own businesses, people are eager to go back to work and get services and they are actually paying promptly. This was not the case even a month ago…
• Business owners I have talked to on both a national and local level tell me they are busier now than they have been in years…
• My attorney tells me they are really busy with the real estate market and things have gotten brisk again for the first time in over a year…
• I am seeing lots of cash, not stock, but CASH being spent by companies and third parties to promote companies…

Also, look at the number of micro cap stocks that have been performing over the last few months.

So, can someone help me out and tell me what is really going on? I have been wearing my armor and hardhat for a while, but am beginning to wonder if its not time to take it off and go full steam ahead?

Tagged as: business, economy, markets, micro cap stocks, stock promotion, stocks