Wells Fargo strategist says economic fears ‘overblown in this weeks Denver Business Journal.
It’s an interesting view, and he bases it on the fact that what is really slowing down the recovery is a lack of work place growth.
Wells Fargo actually see’s things turning around faster than in previous recessions. See the article here:
I am not sure many of the small business owners in Denver would agree, but it is nice to see some positive spin on this. I do think the next 16 months it will be very important for all of us to keep the most positive out look possible because we are moving into an election, and that means we will be hearing about how terrible the economy is 24-7.
I am a big believer in the consumer “mass mind-set”. Consumer spending is not going to pick up when all we hear about is the crisis and that we are facing doom.
Let’s all try to point out the good in the economy, while acknowledging the challenges. It’s the right thing for business in Denver and across the country.
See us in Mayapolis