Don’t Believe the Hype, The First Rate Cut Isn’t a Market Disaster

But there’s an old saying on Wall Street: the pessimists sound smart, but the optimists make money. The statement refers to the arguments made by both bull and bear investors. Because, quite often, the naysayers come up with fantastic, intricated stories to pitch their case, instead of focusing on the data. As a result, they don’t pay attention to the positive catalysts and miss out on the rallies.