Optimism in The Stock Market

Dave Kansas of the Wall Street Journal has what I like to see in a capitalist economy: optimism. Talking about the year ahead, he described the stock market as looking “to the future, rather than the past.” Isn’t that exactly what we should do with our money? We save for the future, we plan for the future, we budget for the future, we have an emergency fund for the future, we have insurance for the future.

With the stock market, if someone says, “The market went down,” we should say, “Yeah, so?” because we all know that the way a capitalist economy works is that the stock market can’t stay down. People have too much optimism; even if they migh


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