Chill out and have a great Summer!PD
World Is Ending -- Time to Buy Stocks
By Chris Stuart 06/20/11 - 07:00 AM EDT
BOSTON (TheStreet) -- The world is ending, so run for the hills, buy gold and stash your money under the mattress. We are headed for a financial apocalypse.
That's what headlines from the past couple of weeks are saying. Here are some examples:
"Shiller Sees 'Substantial' Probability of Recession"
"Nearly Half of U.S. Think New Recession Is Coming: Poll"
"We're on the Verge of a Great, Great Depression. -- Peter Yastrow"
What's everyone so worried about? Jobs, housing, consumer confidence, Greece ... the list goes on.
But the pundits are ignoring one big fact: Corporate America is alive and well.
The rest of the story:
http://www.thestreet.com/story/11157078/1/world-is-ending--time-to-buy-stocks.html