I've said it before...
It's easy to be negative. For some reason it's easier for humanity to focus on doom and gloom. Even when it's not always the case. Although we're not in the "Goldielocks Economy" anymore, we're not in another Depression. When it comes to the Market, it's a lot easier to be a Bear than a Bull. Someone is always there to say something like: "Yeah, but..." Many people see the glass as continually half empty. I tend to see it an opportunity to open another bottle, but that's just me. A lot of people in the media are trying to say that Disney is going to cut back because of a world-wide slowdown. That there is no way to continue to live this Cinderella story. Is it really a fairy tale? Will the Mouse start to slash and burn it's movies, parks and other sources of revenue for the sake of the bottom line? So far, that's not the case.
Bob Iger did an interview with Jim Cramer on CNBC's Mad Money the other day that focuses on this point. Interesting article. Don't forget to watch the video interview as well...
