Is Wall Stree Too Optimistic?

23 minutes

I know it seems hard to imagine: but is Wall Street becoming Pollyanna?

Is it possible that those grizzled, cigar chomping denizens of lower Manhattan, have suddenly turned into cheery, adolescents, viewing the world through rose colored glasses?

Hard to believe I know, but it is sometimes seen at times like this. After all we've now passed the worst of a major recession, and indeed things are starting to look better. Both the New York Fed Model of the Economy, and the Atlanta Fed's model of the same point to a dramatic up surge in this third quarter.

But there is a danger here for the Street, and investors in general. We all need to be careful not to become overly optimistic.

More episodes from David Reavill

Weekend Review (2): US vs. Chinese GDP.

And this is the weekend edition of our podcast for October 24 and 25. It's the time we look back at the major economic events, and news that impacted the Financial Markets in the week …

Weekend Review: US vs. Chinese GDP.

And this is the weekend edition of our podcast for October 24 and 25. It's the time we look back at the major economic events, and news that impacted the Financial Markets in the week …

Perspective On US Energy Policy.

Last night, in the Presidential Debate between President Trump and Former Vice President Biden, energy policy was once again front and center. And …

Our Look At The New European Union Bonds. A Very Big Step In The Globalization Of Finance.

Thinking of investing in bonds? Well there is a new issue to consider. On Tuesday the European Union offered 20 billion dollars worth of new 100 and …

Is Your Money Market Fund Safe?

Money Market Mutual Funds, like the ones you and I have in our brokerage account, are clearly drawing an increasing level of supervision by the Federal Reserve Board.

The Fed was …

The Antitrust Case Against Google. Late.

It is the position of the United States Department of Justice, and 10 States which have joined their lawsuit, that the dominant search engine, Google, has in fact become the Gate Keeper to …

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to Weekend Review (2): US vs. Chinese GDP.
32:06
Start listening to Weekend Review (2): US vs. Chinese GDP.
32:06