If we see higher risk assets further over-valued, do not chase the move, but rather sell into price ...
Heartfelt Hopes and Resolutions for 2010
01/04/2010 10:40 am EST
Here’s my resolution for 2010, and I post it with the thought that maybe you’ll contribute your resolutions to this blog.
But—and that’s a huge caveat—this is not my typical annual personal finance resolution column. This is not about reminding people to save more, invest wisely, or spend less.
It’s an “attitude resolution.” It’s a promise not to “give up.”
I resolve not to give up on America! No matter what the crazy politicians do, no matter how they bribe each other with our tax dollars, I won’t give up believing that our unique capitalist, free-enterprise system can be restored to our citizens.
No matter what “after the barn door” solution they propose to re-direct our lives, I will continue to believe that Americans respond better and more positively to incentives than to regulations. I won’t give up on speaking up.
No matter what crazy reality television show becomes most popular—whether it’s about losing weight or finding true love—I won’t give up on believing that Americans are capable of thinking about more important issues. I won’t give up on encouraging important discussion, and disagreement.
I promise not to give up on our educational system—no matter how the entrenched bureaucrats of our cities think it’s more important to build a stadium, or a monument, or an Olympic Village than it is to build our schools.
I won’t turn off the radio or television when the news turns to local violence, because it’s not in my neighborhood. I will not turn away from stories about Iraq or Afghanistan or Pakistan because it’s “too complicated” to understand—and because it’s halfway around the world.
I will care more about the environment—not only the air I breathe and the water I drink, but the ways we can work together to make it better, despite differing beliefs about global warming. It’s global air and global water that keeps our planet alive. And I won’t give up on figuring out how to be part of the solution.
This year, I resolve at the least to pay attention. And, perhaps at my best, to get more involved, to think about and be more aware of what’s going on in the world, instead of turning my back, and my mind, to the complicated issues.
It’s a pretty good resolution, I think. And it comes from the heart. I really do have to care more about my world in the year ahead—because I just found out I’m going to be a grandmother in 2010. I can’t give up—because this is the world I will leave to my grandchildren.What’s your resolution for 2010? How can we make our world a better place to live in? Please leave a comment and join the conversation.
Related Articles on MARKETS
Our U.S. equity timing models remain overall on buy signals. Our foreign equity timing model went on...
Tuesday is a day of jitters about central bankers, forex rates in Sweden and UK, Australian bond pri...
Alexion Pharmaceuticals (ALXN) is a biopharmaceutical company that researches and manufactures treat...