“Reminds me of why I was a Forbes booster.”
Never supported his presidential run, but Forbes exudes what every conservative should nurture in abundance - optimism. President Reagan had it and washed away the Carter malaise in less than two years.
The gloom & doom parades marching thru FR do little good.
Reagan was president, now we have Obama. Big difference. Reagan also had Paul Volker at the Fed to break the inflationary cycle. Obama is going to fuel hyperinflation. Big difference.
Optimism is great but realism is what gets you to cut your losses and preserve your capital.
The optimists are still holding portfolios and mutual funds that have cratered and may take a decade to come back, if ever.