Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, September 27, 2011

Magical Thinking

This past weekend I traveled to Orlando for a conference. Of course, while I was there, I took the opportunity to visit Mickey's place. Being the off season and the middle of 9+% unemployment, I expected to be greeted with vast open spaces. Boy, was I wrong! Young families thronged the park, dropping large amounts of cash (or credit) at every turn. I was stunned! Someone forgot to tell them we now face a higher chance of a double dip recession. Based on the activity in Orlando, I think those chances just got slimmer. The beginning of the week on Wall Street reinforced this notion. Greece is taking its medicine, and we are all getting better... for now.