Don’t stop believing: Discount the U.S. economy at your own risk
I love this fact-based, feel-good article by Ben Carlson: “Since 2008, we’ve experienced flash crashes, government shutdowns, natural disasters, trade wars, a contested presidential election, a pandemic, and the fastest bear market in history. Yet the Dow rose from 11,497 to more than 36,000 and counting. Maybe our best days are behind us. Maybe it will be impossible to see the same amount of growth going forward. It’s certainly possible. I choose to believe that most people will continue to wake up in the morning looking to improve their lot in life. People have been betting against the U.S. economy for decades. They’ve never been rewarded for it. Progress is in our DNA. Good luck betting against it.”