Tuesday, October 28, 2008

Stay Optimistic

It is hard to stay optimistic in a struggling economy, but if you look hard enough there are signs out there that this economy will soon turn around.

First, gas prices are dropping. I paid $2.22 for gas today! This means consumers disposable income is greater. If confidence in the economy is at question a few extra bucks in everyone pockets should help.

Second, November 4th. On November 4th we will be electing a new president of the United States. With this election will hopefully come some immediate changes to our economic situation. We currently have a president with an historically low approval ratting that nobody trusts. Americans desire for a leader has never been greater.

Third, less noise. Soon people will grow tired of listening to this media noise about the struggling economy and stop listening. Markets will stabilize and we will move on to more interesting issues like Paris Hilton.

Fourth, dollar. We can now vacation in Europe again! The dollar is back on the rise due to the struggling European economy. This will hopefully decrease the number of US companies being bought out by foreign investors taking advantage of the cheep dollar.

It is hard to predict when the markets will return to normalcy, but if we continue to stay optimistic and place our bets on strong companies we can take advantage of these downturns in the markets.