My point being that our sense of impending doom rises in step with our rising impatience. The more impatient we become the longer the wait seems to be taking, and the more unreasonable the reasons for the wait seem to be. And the more our imaginations tend to fill in the blank spaces by catastrophising. This is entirely natural. But giving in to it can make us act impulsively. And for an investor impulsivity can be very expensive!
So, again I say, in the absence of any news to the contrary, which we must assume means there is no pertinent material news to be given - good or bad, we have to accept that progress is being made at the fastest rate that it can be made.
Are we there yet?
No, but we are getting closer.
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