Bouncing Off the Bottom…

Another week has come and gone, and while the news is still dark for many of the world’s economies, there is at least a sense of some stability returning. One great example is with the Dow Jones stock market is finally showing some “normal” gains and losses day to day, as opposed to the wild 600-900 point swings that were causing investors heart attacks all the way around for the last several weeks.

That being said, there is still wide spread weariness. The panic may have run its course for at least the short term, but there’s no question that no one is out of the woods yet, and in most places things are going to continue to get worse before they get better. At least a steady and tempered understanding of this is far easier for the markets to handle than a back and forth manic switch between panic and unfounded optimism.

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