Time to Panic?

The vicious cycle every financial paper is reporting is hardly surprising.

That they’ve downgraded forecasts and ratings? Of course they have- they’re just predictions- it’s their job. That people pull their money out and cause banks and growth to falter? Of course they do, they’re scared.

Is it in anyway unexpected that after all the panic reported in the industry people worry and lose faith in the economy? In a way it’s irresponsible reporting- this is when we need investment. How do they expect growth by scaring investors away?

If you think about it, and ignore the doomsayers (who don’t have anymore of a crystal ball then you do) it doesn’t make sense at all to not invest. This is the time to be pumping money in-this is when companies are the cheapest.