The age Old Saying is that when things appear to be going great, they probably aren't as great as you believe
Likewise, when things appear to be bad, it probably isn't as bad as what you believe
As Paul Keating said "Its the Recession we have to have"
When you look at USA GDP Growth in 2021 (Below), you would like those numbers to be in 2-3% Range, Instead Economic Growth last year was at 6% (Was Over Heating)
The Fact is in Q1 this year economic Growth came in at -1.6%, Estimates are forecasting that on the 28th Of July that Q2 GDP will be about -1.5%
The Bears would have you believe that the world is crumbling, the sky is falling in and everything is going to Mush #FearFearFear
The Reality is in 2021 the USA took 6 Steps Forward, in 2022 the market will correct and will take 2 Steps Backwards.......
In Lamens Terms when we get to the end of 2022 and look back at the size of the economy over the previous 18-24months, the USA will still have grown by 2-3% per year and still moved steps forward...... It just wouldn't have happened in a straight line Like Economists try to control
6 Steps Forward - followed by 2 steps backwards, still equates to moving forward
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The age Old Saying is that when things appear to be going great,...
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