Funny how all the financial news we hear is “doom and gloom.” Yet if you take a real look at what’s happening with our economy, things really aren’t so bad. The market dropped 400 points today, and may drop even more. Sounds bad. but is it really? Take a look at this chart from the past 50 year history of the stock market. Things were pretty good, pretty stable, not much ever changed. That’s until 1985, a dramatic shift took place. Stock market growth began a new upward coarse. Then, exactly 10 years later, the market took to an even steeper increase. Of course from time to time stocks faltered, but overall, they have maintained their growth rate consistent with the ’85 to ’95 coarse. Yeah, I don’t think things are really dire. The movers and shakers are in it for the long haul, and that’s how everyone should look at the market, not this week to week, or day to day stuff. That’s for day traders and other idiots.
Stock Market Scare