Economies and markets around the world really sucked this year, and a lot of hard-working people got screwed in the process. There was no place to run, no place to hide…and now – maybe, hopefully - no where to go except up (click the thumbnail to enlarge).
I don’t like dwelling on the negative, and there’s little use in it anyway. President Truman said, “an optimist is one who makes opportunities of his difficulties.” The same way a forest fire gives way to and fertilizes new growth, this year’s swath of economic destruction will fertilize new opportunities, and in some cases, for entirely new groups of people. Case in point, right now mortgage rates are at all-time lows. First-time buyers…all aboard! Happy New Year, everyone, and here’s to a healthy and happy 2009!