Monumental Gridlock Meets Blind Euphoria
Authored by Patrick Watson via MauldinEconomics.com,
Wishful thinking, as we all know, is the death knell for many investors. Getting carried away by emotion has rarely, if ever, been a recipe for accumulating vast riches.
It seems that a lot of people have missed that distinction between wishful thinking and reality lately—and I fear it’s going to hurt them badly.