Tuesday, September 29, 2009

James Grant's Wall Street Journal Article

Here's an article by James Grant with his latest thoughts on the economy. It's notable in that he has turned rather bullish. Well, he's not necessarily known for being terribly optimistic.

As of now he sure seems to be.

Here's a good quote that's used in the article from English economist Arthur C. Pigou:

"The error of optimism dies in the crisis, but in dying it gives birth to an error of pessimism. This new error is born not an infant, but a giant." 

Grant continues later in the article by saying the world is positioned for disappointment but the world rarely gets what it expects.

Check out the full article.

Adam

This site does not provide investing recommendations as that comes down to individual circumstances. Instead, it is for generalized informational, educational, and entertainment purposes. Visitors should always do their own research and consult, as needed, with a financial adviser that's familiar with the individual circumstances before making any investment decisions. Bottom line: The opinions found here should never be considered specific individualized investment advice and never a recommendation to buy or sell anything.
 
Site Meter