Nothing is more dangerous than an idea, when you have only one idea.
Optimism is one thing, but hubris that the world economy is returning to normal could hinder recovery and block policies to protect against a further plunge into the depths.
Specifically, bear markets don’t typically end in a crescendo of fear and panic, but more often on a feeling of “despair and disillusionment,” while strong bull markets tend to feature heavy trading volume.
Nothing in the affairs of men is worthy of great anxiety. ~ Plato
Too keen an eye for pattern will find it anywhere.” ~ T.L. Fine