Want to see, growth domestic product, goods and service, expanded at an annual rate of 2. 1 in the final three months of last year. That was a slight improvement from the previous estimate, not enough to change growth for all of last year, which came in at just 1. 6 . While gdp and other Economic Data are meddling along, indicators that measure optimism are soaring, consumer confidence, just the other day, we told you that it stands at the highest level since all the way back in 2000. Theres margins, the amount of money borrowed to buy stocks. Its an all time high. That means investors are feeling optimistic about the prospects for the market. We were wondering, why are investors feeling so good when some of the other Economic Data like overall gross profit is just okay. Here to explain the disconnect and take us inside the investors psyche is a trading psychology coach for Portfolio Managers and hedge funds, the guys who maybe manage some of your money. Its good to see you, doug. Its
I know you mentioned that you think the people are gone now. I mean, humanity is really wanting precision and a congressman in that government. And so otherwise we do face a huge rebound in coming. Arguably we already are seeing it. Its an excellent question that is quite the paradox which is to be sent down into any group of voters and asked them what the number one problem in washington, they dont get anything done. Nothing gets done. Totally dysfunctional. They do not think logically. We rationalize about everything we do. Oh, i can have another cookie, i think i walked like 20,000 steps today. Whatever whatever you want to rationalize you can. Thats how i think we are becoming more frustrated with the process than ever and as molly pointed out, we are more polarized than ever at the same time. So that piece of it, and this desire to always be on the winning side, compromise is losing, i think it is seen not just in washington and the way the world works these days. I dont want this
I know you mentioned that you think the people are gone now. I mean, humanity is really wanting precision and a congressman in that government. And so otherwise we do face a huge rebound in coming. Arguably we already are seeing it. Its an excellent question that is quite the paradox which is to be sent down into any group of voters and asked them what the number one problem in washington, they dont get anything done. Nothing gets done. Totally dysfunctional. They do not think logically. We rationalize about everything we do. Oh, i can have another cookie, i think i walked like 20,000 steps today. Whatever whatever you want to rationalize you can. Thats how i think we are becoming more frustrated with the process than ever and as molly pointed out, we are more polarized than ever at the same time. So that piece of it, and this desire to always be on the winning side, compromise is losing, i think it is seen not just in washington and the way the world works these days. I dont want this
I know you mentioned that you think the people are gone now. I mean, humanity is really wanting precision and a congressman in that government. And so otherwise we do face a huge rebound in coming. Arguably we already are seeing it. Its an excellent question that is quite the paradox which is to be sent down into any group of voters and asked them what the number one problem in washington, they dont get anything done. Nothing gets done. Totally dysfunctional. They do not think logically. We rationalize about everything we do. Oh, i can have another cookie, i think i walked like 20,000 steps today. Whatever whatever you want to rationalize you can. Thats how i think we are becoming more frustrated with the process than ever and as molly pointed out, we are more polarized than ever at the same time. So that piece of it, and this desire to always be on the winning side, compromise is losing, i think it is seen not just in washington and the way the world works these days. I dont want this
I know you mentioned that you think the people are gone now. I mean, humanity is really wanting precision and a congressman in that government. And so otherwise we do face a huge rebound in coming. Arguably we already are seeing it. Its an excellent question that is quite the paradox which is to be sent down into any group of voters and asked them what the number one problem in washington, they dont get anything done. Nothing gets done. Totally dysfunctional. They do not think logically. We rationalize about everything we do. Oh, i can have another cookie, i think i walked like 20,000 steps today. Whatever whatever you want to rationalize you can. Thats how i think we are becoming more frustrated with the process than ever and as molly pointed out, we are more polarized than ever at the same time. So that piece of it, and this desire to always be on the winning side, compromise is losing, i think it is seen not just in washington and the way the world works these days. I dont want this